Faraday

Faraday Property Management is a firm specialising in residential property management across London. The company primarily caters to prestigious residential apartment period blocks and new build developments throughout the Capital. With its offices situated in Central London, specifically Holborn, the firm provides a professional service to its clients. Faraday aims to deliver a bespoke, quality-driven, and client-focused approach to property management.

The firm manages over 5,000 residential leasehold and freehold properties across London. Faraday was established in 2006 by four former directors who previously worked for a prominent London-based managing agent. These founding directors collectively brought over 100 years of experience within the residential property sector. This foundation allowed the company to develop a comprehensive understanding of client needs and expectations for service delivery.

Since its inception, Faraday has grown to become a property management business in London, with its team evolving while maintaining its original approach to client service. The company offers a complete suite of services, encompassing property management, building surveying, and accounting solutions. Faraday's property management service includes aspects such as repairs, administration of service contracts, employment of site staff, and management of health and safety requirements. The firm also provides service charge accounting and chartered building surveying.

Faraday's team is equipped to manage and advise on matters related to the management and maintenance of blocks and estates, regardless of their size or complexity. Faraday upholds traditional values, ensuring that clients' properties are cared for and that the service received meets an exceptional standard. The firm adopts a personal approach with all clients, fostering close relationships through frequent and transparent communication. To enhance client connectivity and transparency, Faraday developed Faraday Connect, an online customer portal and application.

This platform provides owners and residents with instant access to building information, facilitates communication with their property management and surveying team, and offers greater transparency regarding the firm's activities. Faraday is a registered member of the Royal Institution of Chartered Surveyors (RICS). As a RICS member, the company is subject to RICS member regulations and audit requirements, particularly concerning the handling of client monies in trust. The firm also fully complies with the Service Charge Management Code, which is published by RICS and approved by the Secretary of State for England and Wales under the terms of Section 87 of the Leasehold Reform, Housing and Urban Development Act 1993.

Furthermore, employees of Faraday hold memberships in various professional bodies, including the Chartered Institute of Housing, the Institute of Health and Safety, The Property Institute, the Chartered Institute of Certified Accountants, and the Chartered Institute of Insurers. While Faraday Property Management provides comprehensive residential property management services, its primary focus is on prestigious residential apartment blocks and new build developments across London. The company's website content does not indicate that Purpose-Built Student Accommodation (PBSA) is a specific or sole area of its operational expertise. The firm's experience is centred on managing leasehold and freehold residential properties for owners and residents within the Capital.