Property specialists Howard Mawson and Mike Collins have launched a new property agency, valuation and management business in Guernsey.
Recognised by the Royal Institution of Chartered Surveyors (RICS) as regulated agents, Mawson Collins provides a wide range of specialised services covering commercial investment sales, purchases and lettings, residential leasing, property management, rent and service charge administration and refurbishment project monitoring.
Mr Collins and Mr Mawson have over 20 years’ combined experience in the Channel Islands’ property sector and in that time have garnered detailed local knowledge and built strong relationships with a broad range of clients, ranging from Government departments to high street banks, private investors and large UK property companies.
Prior to moving to the island, Mr Mawson lived in the UK and worked for one of the world’s leading property consultants, Jones Lang LaSalle, first in the West End before running the Retail property team from its Leeds office.
“Our breadth of experience means we cover a wide range of technical property skills, from acting as Red Book valuers and property agents for buyers, sellers and lenders, to undertaking rent reviews and arbitration work for landlords and tenants, or property management for trusts and wealth managers,” he said.
Mr Collins has over a decade of property management expertise, prior to which he was an electrical contracts manager and as a result, he brings a strong knowledge of building services and structural matters to the business.
“Property management involves oversight of all contracts linked to a building, such as the leases and other crucial documents like the insurance policy or maintenance contracts for fire alarms, electrical or gas services.
“It is essential to manage the technical side of the building and how this interacts with the leases and the needs of the tenants, especially when managing service charges and running costs,” he said.
In addition Mr Collins said that renovation was a particular area of expertise for the firm.
“We specialise in taking tired or end of lease properties and by refurbishing them in phases, we can add value whilst preserving as much of the rent flow as possible. This often involves restructuring leases to keep the sitting tenants in place.
“In this process, knowing how to work with tenants is crucial. We can even undertake potentially disruptive improvements such as refurbishing ceilings, kitchens, hot water systems and other parts of the building’s infrastructure without losing income,” he said.