The PHP Group finance team supports the property management and asset management teams dealing with rent collection, service charge management and the payment of invoices to suppliers and contractors.
The team is actively involved in the funding process for new property development, asset management projects and in the due diligence and takes on procedures for the acquisition of property investments and corporate purchases.
Rent is typically charged quarterly in advance but may vary with the exact terms of your lease agreement. We aim to issue rent demands approximately six weeks prior to the payment due date to allow plenty of time for GP tenants to obtain their NHS reimbursement.
We recommend that payment is made by BACS or standing order using the bank details included on the rent demand. Bank details can be provided to you by the finance team upon request. Payment by electronic transfer is proven to be safer than the submission of a cheque through the post.
Rent and service charge payments are due strictly in accordance with the terms of your lease and should be made on or before the relevant due date. Failure to do this can result in late payment interest being charged. Queries about any rental payment or invoice raised by the PHP subsidiary, that is, your landlord, should be made in advance of the due date and addressed to Simon Maynard.
We aim to pay suppliers in accordance with their stated payment terms. We will raise any queries that we have on supplier invoices in a timely manner to assist in meeting this objective; however, any queries about payments that you do have should be directed to Minnie Kaur or Simon Maynard.
Meet the team
Appointment to the Board - Richard Howell was appointed to the Board from 31 March 2017, having joined Nexus on 13 March 2017, and following completion of the internalisation of the advisory and management functions previously carried out by Nexus, he was appointed Chief Financial Officer.
Career - Richard is a Chartered Accountant and has over 20 years’ experience working with London-listed commercial property companies, gained principally with LondonMetric Property plc and Brixton plc. Richard was part of the senior management team that led the merger of Metric Property Investments plc and London & Stamford Property Plc in 2013 to create LondonMetric Property plc with a combined property portfolio of £1.4 billion.
Skills, competence and experience - Richard has extensive finance experience, having previously held senior accounting positions within listed property companies operating across the UK. Whilst working for LondonMetric Property plc and Brixton plc, he has been involved in over £5 billion of property transactions.
Other external relationships - None
Independent non-executive - Not applicable
Liam joined following the merger with the MedicX Fund in 2019, and is now responsible for commercial finance and financial reporting. Liam is a Chartered Accountant who has over twelve years’ experience working in private and public companies. Before working on the MedicX Fund he worked at both PwC and Deloitte Touche Tohmatsu in the UK and Australia on capital market and merger & acquisition transactions.
Anna joined Nexus in July 2014. She is a qualified Accountant (ACCA) and holds a Bachelor of Arts degree in Linguistics. She has previously worked for property development and asset management companies. Anna assists with the preparation of statutory accounts, property reporting, financial modelling and forecasting.
Minnie started her career with a BSc in Business Economics, after which she pursued accounting in the NHS. She then moved to the private sector and worked with two REITs before finding Nexus in 2016. With great enthusiasm for finance, Minnie works within a team of experienced accountants looking after PHP.