Larchfield Asset Management

25/02/2026

Directors of Residential Management Companies carry significant legal and fiduciary responsibilities, yet many serve on a voluntary basis without fully appreciating the extent of those duties.

With increasing regulatory scrutiny and ongoing leasehold reform, expectations around governance, service charge oversight and compliance continue to rise.

In our latest article, we outline:

• The core legal duties of RMC directors
• Financial and service charge governance responsibilities
• Common risks facing director boards
• Practical steps to strengthen oversight and reduce exposure

If you are a director of a residential management company, this guide provides structured, practical insight into what good governance should look like in 2026.

Read the full article here:

🔗 https://larchfieldam.co.uk/residential-management-company-directors-duties/

If you would like guidance on governance, compliance or long term planning for your development, please contact Larchfield Asset Management Limited.

📞 01803 380482
✉️ [email protected]

Residential Management Company Directors Duties, legal responsibilities, service charge oversight and governance best practice explained.

19/02/2026

Leasehold legislation continues to evolve and 2026 is shaping up to be another significant year for residential block and estate management.

We’ve published a clear summary of the key developments, including:

• Implementation of the Leasehold and Freehold Reform Act 2024
• Proposed commonhold reforms
• Changes to Right to Manage eligibility
• Emerging estate management consultation proposals

If you are a leaseholder, director of a management company, or freeholder, these reforms may have practical implications for your development.

You can read the full update here:
🔗 https://larchfieldam.co.uk/leasehold-estate-management-reform-2026/

If you would like tailored guidance on how these changes affect your property, please feel free to contact us.

Larchfield Asset Management Limited
📞 01803 308482
✉️ [email protected]

A practical guide to leasehold and estate management reform 2026, outlining key legislative changes affecting service charges, RTM and commonhold proposals.

17/02/2026

We are delighted to see this impressive penthouse apartment at Ellesmere now on the market with John Lake Estate Agents.

As agents for the development, we know how highly regarded Ellesmere is, and this beautifully presented home showcases everything that makes the building so desirable — generous proportions, excellent natural light and outstanding views.

The marketing video offers a real sense of the space and setting. If you are looking for a premium coastal apartment in Torbay, this is well worth watching.

For full details or to arrange a viewing, please contact John Lake Estate Agents directly.

15/01/2026

We’re pleased to be supporting Abbey Sands, Torquay, as Joint Managing Agent alongside Shepherd Chartered Surveyors.

At Larchfield, our focus is always on the people who call the buildings we manage home. This appointment gives us the opportunity to bring clear communication, responsive management and genuine care to residents, while working collaboratively to support the long-term future of the building.

We look forward to building positive relationships with residents and stakeholders and helping Abbey Sands move forward with confidence.

21/10/2025

Winter is coming, are your properties ready?

Our latest blog post shares essential checks for roof, gutters, and heating systems, plus preventative tips to avoid costly repairs.

Download your free checklist and keep your block safe this season!

Prepare your residential block for winter with our essential roof, gutter, and heating system checks—plus preventative maintenance tips to avoid costly repairs.

08/08/2025

✨ That Friday Feeling

As the week draws to a close, we’re taking a moment to reflect on what’s been a focused and productive few days here at Larchfield.

From managing maintenance requests and liaising with contractors, to progressing compliance checks and keeping communication flowing with our clients—our team continues to work hard behind the scenes to keep everything running smoothly.

It’s also been great to see Monika settling further into her role as Maintenance Coordinator. Now into her third week, she’s already adding real value and helping us streamline the way we respond to day-to-day repair and maintenance matters across our portfolio.

As always, a big thank you to our clients, residents and contractors for their ongoing support. We’ll be back on Monday—recharged and ready to go.

Have a great weekend!

06/08/2025

🌿 Midweek at Larchfield…

It’s Wednesday, and we’re in full stride! From organising contractor visits to following up on cyclical maintenance and keeping communication flowing with residents and clients, we’re making sure everything stays on track.

This week we’ve especially enjoyed seeing our newest team member, Monika, settle into her role as Maintenance Coordinator. She’s already making a difference by helping streamline repair requests and improve response times across our developments. 👷‍♀️✨

At Larchfield, we’re committed to proactive management, clear communication, and delivering a reliable service — even when the week is flying by!

✅ Professional
✅ Regulated by RICS
✅ Proudly serving developments across Torbay

04/08/2025

👋 Please join us in welcoming Monika to the Larchfield team!

We’re delighted to introduce Monika, who has joined us as our new Maintenance Coordinator.

With a keen eye for detail, excellent organisational skills, and a proactive approach, Monika will be the first point of contact for all things maintenance-related across the developments we manage. From coordinating urgent repairs to ensuring planned maintenance schedules are progressing on time, she’s already making a positive impact.

At Larchfield, we pride ourselves on delivering a responsive and reliable service to our clients and residents, and Monika’s role will be key in helping us continue to meet those standards.

👏 We’re thrilled to have her on board and look forward to the difference she’ll make to our operations.

25/07/2025

Stunning penthouse apartment for sale in our managed building, with breathtaking views of the marina and bay 😍

John Lake Estate Agents

17/07/2025

📊 Behind the Scenes: Budget Season at Larchfield

As summer rolls on, so does budget season here at Larchfield.

Behind the scenes, we’re reviewing historical expenditure, checking contractor costs, assessing reserve fund levels, and forecasting for the year ahead. It’s not just about figures—it’s about planning with purpose.

We work closely with Directors and Resident Management Companies to ensure every service charge budget is:
✔️ Transparent
✔️ Justified
✔️ Aligned with the lease
✔️ Future‑proofed

Good budgeting isn’t just a legal requirement—it’s the foundation of long-term building health and financial stability.

📌 This month, we’re:
– Reviewing planned maintenance needs for 2025
– Analysing reserve fund contributions
– Preparing explanatory notes for AGMs and service charge notices

If you're a director or resident with questions about how your budget is built, don’t hesitate to reach out. We’re always happy to explain the “why” behind the numbers.

🌐 www.larchfieldam.co.uk
📞 01803 668730
📧 [email protected]

15/07/2025

🏘️ Block & Estate Management You Can Rely On

At Larchfield Asset Management, we specialise in managing leasehold and freehold blocks and estates across Torbay. Regulated by RICS, our focus is on transparency, compliance, and delivering real value for money.

💼 What We Offer:
• Regular site inspections & compliance checks
• Clear, accurate budgeting & financial reporting
• Trusted, local contractors—no commission taken
• Specialist support for RTM & Residents’ Management Companies
• Hands-on, proactive management tailored to each site

We understand that managing a development is about more than just maintenance—it's about protecting value, supporting directors, and ensuring residents feel confident and cared for.

📍 This week’s highlights:
✔ Initial site inspection - see picture of one of our new blocks internal cupboard!
✔ Annual budget planning underway
✔ Fire safety and compliance reviews completed

We’re proud to offer a professional, client-first approach that puts people and property at the heart of everything we do.

📩 Follow us for updates, advice, and behind-the-scenes from our work across the Bay.