commercial property

Service Charge Caps: Emerging Trends

Across our diverse client base, on average, 1 in 6 leases benefit from a service charge cap & some of our clients are now getting caps on more than 50% of their new sites/renewals. Most of those caps are based on a figure specified at term commencement and increased annually by reference to RPI.

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Landlord enhancing building to increase asset value prior to sale

Remedial work can be beneficial to both the Landlord and the occupier of a building. If your Landlord is looking to carry out works, it’s important to understand the reason behind their proposal, and investigate if you are liable to contribute to these costs. Things may not always be as they appear to be…

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Service Charge & Lease Expense Reporting

Assure can hold a lot of data! Budgets, actuals, insurance certificates, statements of account, legal documents, invoices, payment histories and much more, as well as keeping records, most importantly, the amount of money we have saved…

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Have you got it covered?

Roof structures and the repairs required to them are often highly technical and generally expensive. If your Landlord wants to repair or replace the roof of the building you occupy, there are many points to consider in checking if you are liable for the whole cost. We have experts on hand to review condition reports and tender documents to ensure that occupiers contribute no more than their lease terms require. Here are a couple of recent examples of our involvement in roof repairs…

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Assure Saves £8.5M in Service Charge Costs Q2 2022

The Assure team have recovered £8.5M of service charge costs for our clients in the second quarter of the year, keeping us on track to achieve our target of £35m for the year…

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