How to approach arrears with your leaseholders to keep cash flow moving to ensure your budget and maintenance plan can be relied on.
Browsing: Service Charges
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?
Anyone involved in the property management industry will be fully aware of the importance of financial planning.
When taking on the role of Residents’ Management Company (RMC) Director or Officer, many tasks that land at your feet may feel overwhelming.
We’ve put together a checklist to make sure you approach the situation in the best way possible and with the required knowledge of the law.