MJP was formed in April 2014 in response to client requests to provide an independent accountant service that was focused on the residential property sector and understood the sector’s specific requirements. In particular service charge monies paid by lessees are trust monies and should be held in ring fenced designated bank accounts (s42, Landlord and Tenant Act 1987). A landlord or managing agent need not have a separate bank account for each property/scheme unless the lease requires one. But the funds for each property or scheme must be separately identifiable as it is a breach of trust to use service charge monies from one property/scheme to pay the bills of another or of the landlord.
MJP’s partners each have over 30 years experience of the property sector and have quickly built a client base that now encompasses a wide range of residential properties across London, the South East and the South West comprising both freehold and leasehold housing estates and apartment blocks including mixed use properties ranging from the smallest units to those with more than 500.
Our office is in Torquay, but we can provide a personal service wherever our clients are based. We pride ourselves in being able to deliver to deadlines an expert service that is competitively priced on a fixed fee quotation basis.
Our partners each bring complementary skills to enhance the quality of service that we provide to our clients:
John Dwyer, B.Com FCA, Managing Partner, is a Chartered Accountant who has acted as finance director for several asset management businesses and has invested in property and property funds and been responsible for creating a number of tax efficient property ownership structures both in the UK and internationally.
Michael Rutland, BSc (Econ) ACA, Partner, is a Chartered Accountant who has acted as finance director for several property management businesses and has particular knowledge of the systems required to correctly account for service charges in commonhold and leasehold property structures. Mike is Group Chairman of Arcturus Corporation Limited and its subsidiaries including Blenheims Estate and Asset Management Limited and Blenheims Estate & Asset Management (SW) Limited ("the Arcturus Group").
Patrick Taylor, BSc, Dip Serv MIRPM, Partner, is a surveyor with significant experience of managing property and the issues that arise. Patrick is Group Chief Executive of the Arcturus Group.
Also, Leon McGaw, BA Hons MSc, joined MJP in February 2017 and is its Trainee Chartered Accountant. Leon brings a wealth of international management experience having worked with Rolls Royce for over 15 years, where he was responsible for the commercial management of new business opportunities and major projects within the marine and defence sectors.