In a nutshell...

The king understands that proactive and ongoing building maintenance proves less costly and inconvenient in the long-run. So, we'll prepare a unique and comprehensive 10-year maintenance, repair and replacement plan (MRRP) for your community scheme that'll estimate the financial reserves you need to cover future capital expenditure.

We've got it all together

When you're covered by the king, it's easy to co-ordinate the financial and logistical requirements and resources that are needed to keep your community scheme well maintained, and all our MRRPs comply fully with all the current legislation, too.

From preventing the premature breakdown of mechanical systems like lifts and air-con units, to prolonging the life of virtually every other system in your community scheme, to predicting when repairs or replacements may be due... we'll put together a 10-year MRRP to help you budget, plan, and keep every 1 up-to-speed.

Protect yourself

While preparing and implementing an MRRP is legally non-negotiable, the up-side of having 1 is that a proper plan protects you and your residents from any nasty surprises. And, while there are guidelines for formulating these plans, accurately forecasting your scheme's needs and then taking inflation and other cost factors into account over the long-term, can still be tricky.

This is where our qualified, experienced and compliant consultants step in... And, once they've done their inspections and assessments, and made their calculations, the Urbanise platform generates a 10-year MRRP That's unique to your community's needs and assets, optimised for your community's income and risks, legally-compliant, and importantly, easy to understand.

Our rates for developing MRRPs are very competitive, and we only charge a small annual fee to keep them up-to-date. That's the good news. The great news is that communities that have royal MRRPs get discounts on their royal community insurance.

We won't let wear-and-tear wear you down

While our community insurance covers you for loss and damage that are directly caused by the insured perils, the effects of normal wear-and-tear are excluded. (As is the case with most other building insurance products, too.) Claims can be rejected if the damage is caused due to poor maintenance... And we certainly don't want that to happen!

Our MRRPs look at things like:

• Routine maintenance and major capital works in old and/or poorly maintained buildings... Damp and internal water leaks, things like lifts and air-con units breaking down, blocked gutters, electrical faults and 'concrete cancer', that can become issues.
• Emergency major repairs... Which mostly relate to damp and plumbing problems.
• Building defects... Things like damp and internal water leaks, lifts and air-con units breaking down, and guttering and electrical faults. Sub-standard tiling, and defective or inappropriate design and the use of unsuitable building materials, can cause buildings to 'move' and crack, and poor fire and safety compliance can compound these risks.

We formulate each MRRP in the same way:

• We inspect all the major aspects that common areas typically contain... Wiring, lightning and electrical systems; plumbing, drainage and storm-water systems; heating and cooling systems; lifts; any carpeting and furnishings; roofing; interior and exterior paint-work and waterproofing; communication and service supply systems; parking facilities, roadways and paved areas; security systems; and recreational facilities.
• Our reports detail the expected 'useful life' of times... For example, air-con units have a 'useful life' based on their expected running hours and expected workload.
• We identify and depreciate major capital items (like electronic security systems) separately, because the useful life of each of these components is generally different to that of the building asset.

Here's how we've got your back:

• Once we've identified areas that'll need attention, we estimate the cost of this work.
• For greater accuracy, we align industry data (which ensures that our estimate is in line with national norms) with regional data (which ensures that our estimate is right for your neighbourhood).
• For greater transparency, we break total costs down into quantities and cost rates.
• We time your expenditure for efficiency... In other words, if you've always progressively replaced brick paving, we allow for percentages of this cost on an ongoing basis, rather than 1 lump sum.
• We work out what needs to be done first, so that later works don't damage earlier repairs.
• We save you money by suggesting ways to reduce maintenance costs.
• We work with qualified quantity surveyors, building consultants and technical research staff to produce our reports and consistently deliver royal service.