West Midlands Property Management Ltd (“WMPM”) is a property company specialising in three main areas of property management.
Formed in April 2000, WMPM was initially appointed to procure residential housing
on behalf of a number of companies designated by the Home Office for housing
asylum seekers. WMPM subsequently became the largest such agency in the West
Midlands area, bringing over 400 asylum seeker houses
on stream to date.
More recently the company has devoted its attention to managing client
investment capital, specialising in property investment abroad, in particular
Spain's Costa del Sol. Client funds under management currently represent
over £10 million worth of such investments.
The new UK pensions legislation, due to come into force in April 2006, will permit the purchase of residential property (including property abroad) in personal pensions (SIPPS). This is expected to have a huge effect on the property market. However it is clear that it will be requirement that such properties are professionally managed by an independent and unbiased property management company, such as WMPM.
Property Management Ltd