Our
This page is dedicated to Penrose House
Congratulations on achieving the BlockAwards GOLD STANDARD. Not an easy thing to achieve and you should be very proud.
WGOLD shows that your block is performing well, much better than most, sharing this will make homes at Penrose House easier to sell, so by achieving this award you have just added value to your block and your investment to.
If you want to rent your property you should tell the Letting Agent:
- The Winners Tool Kit is available for them to use for FREE
- and tenants prefer to live in a block they know will be maintained
If you want to sell you should tell the Estate Agent:
- The Winners Tool Kit is available for them to use for FREE
- they can include it on adverts and website listings to make your property stand out
Why not put the GOLD STANDARD plaque at the entrance
- You can buy a GOLD STANDARD plaque HERE, a few pounds will send the message
- that Penrose House is the best block in the area to everyone who visits. You should
- be proud and tenants, buyers and all who visit should know that Penrose House is a better than most.
CONGRATULATIONS:
PENROSE HOUSE HAS ACHIVEVED GOLD
Attaining a GOLD STANDARD block award is not easy. BlockAwards are the leading benchmark and demonstrate to potential buyers, and occupiers that they are living in a block that is organised, managed and maintained to a high standard. For example: knowing the block has a good lease means that the likelihood of poor cashflow leading to the block falling into ruin is greatly reduced.
GOLD is great!
It means that __ of the __ possible criteria were met, which is not easy to do.
All winners get a ‘Winners Advice Pack’ - a report prepared by our Judges who are industry exerts. This report provides recommendations that could set a path for the block or buildings to get even better.
Achieving any BlockAward is a testament to the fact that the block is committed to best practice and proper governance. The actual BlockAward shows how far along the journey to best practice a block is, and how they are tackling the challenges of building safety, money management and all that goes on.
Hopefully, our Advice Pack will spur you on to implement what you can.
We look forward to you reapplying next year and hope that you can benchmark ‘Platinum’.
This page is dedicated to Penrose House
Congratulations on achieving the BlockAwards GOLD STANDARD. Not an easy thing to achieve as GOLD means 10 of the 14 BlockAwards indicators have been met.
READ more about the judging criteria.
Homes that benchmark the GOLD STANDARD are easier to sell - by achieving this award you have just added value to your block. It means that the block is performing well, better than average.
A GOOD LEASE
- Service charges collectable in advance
- With areserve fund
- Collection adds up to 100%
- Interest Clause: to deter non-payment
- Water damage excess = £0
- Subsidence excess <= £1,000
- Reasonable premium: <£200 /flat
- Accounting surpluses / deficits recovery up to date
- Cheaper than the national average
- Well managed = costs within 10% of budget
- Clean balance sheet - no hidden money owed
- Owners arrears below industry average (below 4.5%)
To promote this Winners Feel Good Factor. You can download the GOLD STANDARD toolkit
Attaining a GOLD STANDARD block award is not easy. BlockAwards are the leading benchmark and demonstrate to potential buyers, and occupiers that they are living in a block that is organised, managed and maintained to a high standard. For example: knowing the block has a good lease means that the likelihood of poor cashflow leading to the block falling into ruin is greatly reduced.