Financial

The collection and accounting for service charges is critical to any development. We have a dedicated accounts team and their work includes the following: –

  • Collect Service Charges and submit demands in accordance with the terms of the lease
  • Monitor and pursue service charge arrears where required, using specialist solicitors when necessary.
  • Provide system driven financial reports on expenditure to the Client at agreed intervals.
  • Administer individual Client bank accounts, making all payments to service providers promptly
  • Preparation of annual service charge budgets
  • Prepare financial statements at the year-end for submission to accountants together with other relevant documentation.
  • Collection of Ground rent (where applicable and subject to additional fee)

Services at a glance

Click on one of the links below for more information on our services.