Property managers pressured to keep service charges down, even as the costs of maintaining their buildings are exponentially increasing.
Browsing: Service Charges
A focused approach to this service charge period can pay dividends for busy property managers, and now is the perfect time to get organised.
Laurent Vaughan, a Senior Associate in Bishop & Sewell’s Landlord & Tenant team, considers service…
How to approach arrears with your leaseholders to keep cash flow moving to ensure your budget and maintenance plan can be relied on.
JB Leitch are successful in a determination of reasonableness of service charges in the replacement of unsafe cladding.
If you live in a flat, you’ll be used to budgeting for your annual service charge, but how do you know if the amount you’re paying is fair?
A reserve fund held by the landlord or management company on behalf of the leaseholders can provide a distinct benefit.
Property managers will provide you with a clear overview of what fees and charges will be due, what they cover and how they will be spent.
This question is asked a lot; from first time buyers to people who have owned many properties before but never within a managed development.
Non-payment of Service Charges is a breach of lease and should be taken very seriously- but what can, and what should, you do?