service charge

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How to Choose a Property Management Company in London

Choosing a property management company in London is an important decision for freeholders, Resident Management Companies (RMCs), Right to Manage (RTM) companies, landlords and developers. The right managing agent can help protect the condition of a building, keep communication clear, manage service charges properly and support long-term value. The wrong one can lead to delays,

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Compliance in Residential Blocks and Managed Estates

Compliance rarely feels urgent when everything is running smoothly. But in property management, the issues that cause the most disruption are often the quiet ones: a missed follow-up action, a report that is filed but not acted on, or a contractor arriving on site without the right controls in place. For housing associations, RMCs, RTMs,

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Tendering Estate Maintenance Contracts: How to Compare Like-for-Like Quotes

Tendering estate maintenance contracts should be a straightforward way to improve service and demonstrate value for money. In practice, it can be one of the easiest places for estates to drift into higher costs, unclear scope, and frustrating service issues. That usually isn’t because contractors are trying to be difficult. It’s because estate maintenance quotes

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End-of-Year Service Charge Accounts: What to Include for Transparency

Service charge questions often peak when year-end accounts go out. Even in well-managed buildings, it only takes a few unclear lines, a missing explanation, or a confusing layout for leaseholders to feel like costs have risen “for no reason”. For Housing Associations, RMCs, RTMs and corporate freeholders, year-end service charge accounts are more than a

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Why Service Charges Go Up (Even When Nothing Seems to Change)

If you live in a leasehold flat, you’ve probably had that moment: the annual service charge demand lands, the figure is higher than last year, and your first thought is, “But nothing has changed in the building.” In reality, service charges can rise even when everything looks the same day to day. That’s because service

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How to Budget for Leasehold Service Charges

Budgeting for leasehold service charges can feel like navigating a complex maze. As leaseholders, understanding what these charges cover and how they’re calculated is crucial for effective financial planning. This guide aims to demystify the process, providing you with the knowledge and tools to budget confidently and ensure you’re only paying your fair share. Understanding

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Leasehold Service Charge: How is it Calculated?

Navigating the complexities of leasehold can be daunting, especially when it comes to understanding service charges. This article aims to demystify how these charges are calculated, providing clarity for leaseholders and ensuring they are well-informed about their obligations and rights. Understanding your lease and the associated service charge is crucial for a harmonious landlord and

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