Tribunal appoints Principle to look after Jewellery Quarter apartments
A building containing eight apartments in Birmingham’s Jewellery Quarter is to be looked after by Principle Estate Management following an official appointment by a property tribunal.
Leaseholders at 58 to 60 Albion Street applied to a First-tier Tribunal (FTT) after dissatisfaction with how their properties were being managed and nominated Principle as their preferred choice for future estate management.
The tribunal agreed that chartered surveyor Joe Jobson, a director at Principle, had the correct skills to do the job.
The decision came after Mr Jobson quickly built-up trust with leaseholders by holding a number of meetings and inspecting the development last year, when the initial application to the FTT was made.
Mr Jobson said his management proposal to residents was made by email with an interview via a Teams virtual meeting, and that it was a “huge honour” that they nominated Principle as their future agent.
He said: “I am really pleased to have been appointed manager and this is great recognition both for myself personally and the reputation of Principle as a growing business.
“We are continuing to work closely with the landlord at Albion Street to ensure the smoothest transition of pertinent information needed for ongoing management.”
Since being appointed, one of Principle’s property managers, Jamie Noon, has overseen a number of outstanding projects on the scheme.
Mr Jobson added: “Since joining Principle, Jamie has formed a number of good working relationships with our clients and inspires confidence.
“He is somebody who gets stuff done and in conjunction with myself has held a number of Teams meetings with residents to keep them up to speed with progress.”
A spokesperson for the residents at the Albion Street property said: “We are delighted with the positive steps Joe Jobson and the Principle team have taken since being appointed.
“They have been very quick to address all the immediate maintenance issues and we are now looking forward to strategic planning for major works in 2021.”
Now in its third year, Principle has tripled in size in the last 12 months, with the number of units it looks after rising from just under 2,000 to more than 6,000. Although based in Birmingham, the company offers a national property management service.