Principle still looking after its roots as national expansion continues

A series of new contracts in Solihull has highlighted how Principle Estate Management is still looking after its local roots as well as expanding nationally.

The Birmingham-based company has become the UK’s fastest growing residential estate management, with well over 4,000 units across 200 developments around the UK less than two years after its launch.

The latest tranche of new contracts includes several in Solihull, with 144 units in two separate schemes coming in April, and the first phase of a 250-conversion scheme and another 32 units on another site coming this autumn.

These projects will add to Principle’s existing stock in Solihull of 164 apartments across five developments.

The local contracts are of particular interest to Principle director Joe Jobson, who grew up in Dorridge and still lives in Solihull.

Mr Jobson said: “While I always enjoy winning new instructions across the country there is always something extra special when it is in my local town.”

Two of the new Solihull jobs are at Barley Green and Pinewood, which together include 134 flats and ten houses that were built in the 1960s.

A spokesperson for the freeholder client said: “We wanted an independent agent with flexibility and wide a ranging skillset to look after buildings like this for us and our leaseholders.

“We know Principle are led by big names in sector who take their role seriously and will get quality resolution to issues quickly and efficiently.”

Mr Jobson said: “The new contracts due in in April come after unhappy residents requested new management for the building.

“Many owner occupiers take great pride in their property and have been left frustrated that some areas of the development have fallen into disrepair due to no action of the previous managing agent.

“I met with a residents’ working group prior to appointment on both schemes and we cannot wait to get started on dealing with a number of inherited issues which require resolution via detailed liaison between residents and the freeholder.”

Mr Jobson added: “We have built a great team here at Principle and we are very well placed for continued growth both in Solihull, the Midlands and across the country.”

Another of the Solihull projects coming into management in the autumn is Sir Robert Peel Court, a 32-unit new-build scheme on the site of an old police station.