advancebm.co.uk

2.3
2.3 Based on 57 reviews

Advance Block Management is a professional property management company. We cover all areas and manage properties and estates in England and Wales....

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Steve
Illegal and totally fraudulent company

Illegal and totally fraudulent company, who trade as a management agent without necessary legal membership of the TPO or the Redress Scheme - which is illegal in England. On their website they show that they are a member of The Property Ombudsman when in fact they are not so they are nothing but con artists.They also by law do not indicate the CMP money (sinking fund) protection scheme on their website they are part of. Steer clear.It is a legal requirement for block management agents in England to be members of a government-approved Client Money Protection (CMP) scheme if they handle client money. This requirement came into force on April 1, 2019.Approved CMP schemes cover funds such as rent and deposits, and compensate clients if an agent cannot return their money due to misappropriation or business failure.Key Requirements for AgentsHold client money in a separate account.Maintain strong money-handling procedures.Display the CMP certificate visibly at their premises and online.

1
Date of experience: Sep 29, 2025

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