Browsing: Service Charges

One of the questions that directors ask is why is it necessary to prepare separate service charge accounts and statutory company accounts?

In a recent article we explained some of the things leaseholders can find out from their Service Charge Accounts.

Our response to the recent government consultation, “Tackling unfair practices in the leasehold market” focused on one fundamental issue.

The service charge famously has the potential to be a sore spot in the tenant-landlord relationship, like an uphill battle.

In this article we list just a few of the things that leaseholders can find out from the Service Charge Accounts.

Peter McCabe of Clear Building Management sets out what you should expect to see in your service charge demand.

There are important distinctions between service charge funds and company funds and these differences have implications for RMC directors.

In Service Charge Accounting there are many circumstances when accounts are prepared without a Balancing Statement.

It is not uncommon for directors of RMCs to come under pressure to reduce costs such as the services of a reporting accountant.

If we set aside the Section 21 report then there are two options for reporting on service charge expenditure.