Features For Managers
Keeping Records of the PAST
Gekoso uses a file structure based on that proposed by ARMA (Association of Residential Managing Agents). This makes it very easy to pass the details of an estate onto another agent should this be requested and save considerable time and frustration.
Living in the PRESENT
Gekoso enables you to contact leaseholders and residents to readily explain why you are taking specific actions and the legal constraints upon you for acting in certain ways. Neither leaseholders nor residents can be expected to know the standards to which you must comply. An easy means for communicating with leaseholders and residents provides an opportunity to reduce the stress arising from misunderstandings and facilitate the smooth management of an estate.
Good communication has become even more important now that the economy has entered a period where inflation is at rates not experienced before by many leaseholders and non-leaseholder residents. The costs for energy supplies, materials and labour are fluctuating dramatically making the sums estimated last year for work to come, to now seem a travesty. Communications are going to become ever more important for management. The ease of communication with Gekoso’s software will help immeasurably.
Financial planning for the FUTURE
Gekoso’s CapEx plan allows the regular, routine, occasional and exceptional work required for an estate and its costs to be easily displayed on a timeline that can include thresholds specified by the lease of the estate. Management of an estate can thus comply with the lease requirements, and leaseholders can be forewarned of impending expenses in sufficient time for a cash reserve to be accumulated to cover exceptional costs, so mitigating late payments and arrears.
GEKOSO will save you time, money, and stress, and make life easier for everyone
Features for Leaseholders
Keeping Records of the PAST
Gekoso uses a file structure based on that proposed by ARMA (Association of Residential Managing Agents). It is in your interest to ensure the documentation for your estate is not only as complete as possible, but also easy to access because:
- A properly structured record provides an overview of audited accounts, contractors employed on the estate, insurances and
- Having this information online and at hand allows managing agents to be changed with much less bother than usual. Records can be transferred at the push of a button, saving time, money and stress on all sides.
Gekoso provides a filing system that enables the leaseholder to be acquainted with not only the financial issues of your property but also the multitude of issues your management agent has to consider to keep your estate compliant with the current regulations required by Law and by insurers.
Living in the PRESENT
Gekoso Leasehold Management software provides an easy means for communicating with your management agent and for your management agent to communicate with you, and with tenants. This engenders transparency and encourages inclusiveness. Most residents and many leaseholders may not be familiar with the rules and regulations that have to be observed to retain compliance with the Law and insurers, and an easy route for communication is a great asset to a happy estate.
Gekoso contains a voting system that enables the opinions of those on the estate to be canvassed, so giving everyone a voice. This enables decision making to become a “communal outcome” rather than one resting on the shoulders of the directors and helps put the views of the more vociferous residents into context.
Financial planning for the FUTURE
A CapEx plan is a tool which allows you to see the expenditure proposed by the managing agent for the years ahead. It shows when inside and outside decorations are due, as stipulated in the Lease, and can also be used to indicate when a roof maintenance and other building work might be due. Having such a plan will allow you and your fellow leaseholders to plan for such expenses and, if your lease permits, you might be able to save money into an “additional” account. Such accounts are usually managed by the management agent, with the intention of spreading costs for leaseholders, although it must be remembered that figures in the CapEx plan are always estimates.