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Assure Saves £6M in Service Charge Costs Q1 2022

In the first 3 months of 2022, Assure have recovered £6M of service charge costs for our clients. We categorise all savings that we achieve by type and thought we would highlight a few types that we commonly see…

Group,Of,People.,Human,Resources.,Global,Network.,Diversity.

Guide to Service Charge Management Terminology

To the uninitiated, the world of Service Charge Management might seem a bit bewildering, as well as all the numbers involved, there’s a whole new language to learn! Here’s the Assure guide to some of the common Service Charge Management terminology you might come across when looking at your service charge liability…

Savings

Assure intervention secures £130,000 reduction in insurance premium

Our supermarket client occupies a large distribution centre under a single lease beginning in 1996.

The insurance premium increased to £359,000 following a 38% uplift in the Buildings Declared Value.
Our insurance team requested a copy of the Reinstatement Cost Assessment for further investigation…

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