Service Charge Management
Your service charge contributions fund the ongoing costs of maintaining and running your building, with each leaseholder paying a proportionate share as defined in your lease. These charges cover everything from routine cleaning and grounds maintenance to major repairs, insurance premiums, and professional management fees. The lease itself determines what services are covered, how costs are divided between leaseholders, and when payments fall due.
We provide line-by-line breakdowns that show exactly what services your contributions cover and what costs we expect to be incurred with the aim to provide budget information well in advance of each charge period, explaining what works are planned and why particular services are necessary. Where actual costs vary significantly from budgeted amounts, we can provide clear explanations of the factors driving those variations, whether they stem from unexpected repairs, regulatory changes, or fluctuations in contractor pricing.


