Property & Asset Management Recruitment Agency

Part 4 of the Building Safety Act 2022 imposes duties on Accountable Persons (APs) and Principal Accountable Persons (PAPs) for occupied Higher-Risk Buildings (HRBs), being residential buildings of at least 18 metres or seven storeys in England. APs must assess and manage building safety risks (fire and structural), engage with residents, prepare and maintain the safety case, and register the building with the Building Safety Regulator. The Building Safety Manager (BSM) role, originally envisaged to support the AP, remains an operational function on most portfolios even though the dedicated statutory requirement was amended. Part 4 has driven a new property management specialism covering in-use HRB compliance, and experienced practitioners are in short supply.

Section 20 of the Landlord and Tenant Act 1985 (as amended) requires landlords to consult with leaseholders before carrying out qualifying works (above £250 per leaseholder) or entering into qualifying long-term agreements (above £100 per leaseholder per year). Section 20 consultation involves a prescribed notice-and-response procedure, and failure to follow it can cap recoverable service charge. Senior UK block management CVs are expected to demonstrate live Section 20 consultation management, including on Major Works programmes and BSA 2022-related remediation works. Our desk verifies live Section 20 delivery evidence on relevant briefs.

The Leasehold and Freehold Reform Act 2024 is UK primary legislation making reforms to the leasehold system in England and Wales, including provisions on service charge transparency, reduced cap on ground rent for some leases, making lease extensions and enfranchisement more accessible, and extending the minimum lease extension term. Several provisions are in force, while others await commencement through secondary legislation. The Act builds on the Leasehold Reform (Ground Rent) Act 2022 and signals a direction of travel toward commonhold-style tenure. UK block management teams are hiring for reform-literate senior property managers and service charge specialists to navigate the evolving regime.

GRESB is the ESG benchmark for real estate and infrastructure, used by institutional investors to screen and compare the sustainability performance of real estate funds and portfolios. The GRESB Real Estate Assessment scores participants across Management and Performance components, drawing heavily on portfolio-level utility consumption, EPC data, in-use energy performance and operational practices. In-use sustainability data collection is now a property management team responsibility on institutional UK portfolios, and Commercial Property Management and Senior Asset Management CVs are increasingly screened for GRESB submission experience. Our Sustainability & ESG page covers GRESB specialists in depth; senior PAM briefs with GRESB scope are briefed jointly.

Two closely related but distinct functions. Property management is the day-to-day operational function of running a building or portfolio: rent collection, service charge, compliance, supplier management, occupier liaison and statutory obligations. Asset management is the value-creation function: leasing strategy, refurbishment and repositioning, capex planning, net zero retrofit and disposal preparation. The two functions sit alongside each other and are often held by overlapping teams on institutional UK portfolios. Senior careers typically specialise into one or the other, but Head of Property Management and Head of Asset Management roles increasingly span both. Our Commercial Real Estate page covers investment-side asset management in depth; this Property & Asset Management page covers the operational and client-side property management function.

BTR (Build to Rent) asset management is the institutional operating model for purpose-built rental residential portfolios. BTR Asset Managers, Operations Managers and Regional Directors oversee scheme operations, amenity provision, resident retention, lettings strategy, rent performance and capex planning on behalf of institutional capital (Grainger, Quintain and the wider UK BTR operator and investor market). PRS lettings is the traditional residential letting function, typically operated more transactionally on dispersed portfolios. BTR is a distinct specialism with its own candidate pool and pay benchmarks, and senior BTR practitioners are in strong demand.

Broad 2026 market ranges. Block Property Manager (junior) 30 to 38 thousand. Senior Block PM 42 to 58. Portfolio Property Manager (block) 55 to 75. Commercial Property Manager 45 to 62. Senior Commercial PM 60 to 85. Head of Property Management 85 to 140 plus. Asset Manager (client-side PM) 60 to 90. Senior Asset Manager 80 to 115. BTR Operations Manager 50 to 70. BTR Regional Director 80 to 125. Building Safety Manager (BSA 2022 AP function) 55 to 80. Service Charge Accountant 35 to 55. Senior Service Charge Specialist 55 to 75. Director-level property leadership 100 to 200 plus with meaningful variance by employer type (listed REIT, private developer, block management operator, major real estate house). London and institutional-client premiums apply.

Yes, across all four. Block management (JLL Property Management included, plus specialist operators across the UK block management tier). Commercial property management (CBRE and JLL included, across the full UK commercial property management tier). BTR operators (Grainger and Quintain included, across the wider UK BTR operator market). PRS lettings (traditional lettings operators alongside institutional). Candidates move between block and BTR, and between commercial PM and asset management, regularly.

Yes. Building Safety Manager (BSM) roles, Accountable Person (AP) and Principal Accountable Person (PAP) functions under Part 4 of the Building Safety Act 2022 are a significant share of our residential property and asset management briefs. Every relevant shortlist is checked against live HRB compliance evidence, safety case preparation and named scheme history. These are comparatively new roles in the UK market (most go live from 2023 to 2024 onward), and the candidate pool is still maturing.

Yes. Senior property leadership includes Heads of Property Management, Heads of Block Management, Portfolio Managers, Senior Asset Managers, Operations Directors and Partner-level commercial property management roles at the major real estate houses. Our desk covers the full senior ladder and regularly briefs succession and team-build mandates on UK REIT, fund manager and major operator clients.

Yes, across all three. Permanent placements are the majority volume. Contract cover is common on Section 20 Major Works surges, BSA 2022 Part 4 implementation windows, service charge year-end peaks and BTR scheme mobilisation. Interim Head of Property Management and Director placements are used on post-acquisition team integration, senior cover pending permanent hire, and stand-up of new BTR and mixed-use operational teams.