As we welcome 2025, we take a moment to reflect on our achievements in 2024. We successfully saved our clients £46 million in service charge and insurance costs, managing service charges across over 18,000 properties with total liabilities of £694 million, spanning the UK, Europe and internationally.
The Office Team at Assure had another great year, saving £20m for our clients. Savings have arisen from a wide range of challenges, which have included identifying accounting errors and discrepancies and challenging budgeted expenditure and major works.
Hard Services refer to the essential physical and structural elements of a building, as well as its mechanical systems. This includes maintaining and repairing critical equipment like boilers, chillers, and lifts, alongside structural components such as roofs and external walls. These services are vital for preserving the building’s integrity and ensuring its smooth operation.
The recent Budget has stirred controversy, especially among employers and business owners in sectors like retail and hospitality that rely heavily on minimum wage and part-time roles.
Evaluating Office Service Charge Costs: Are You Paying a Fair Price?
You may well be paying a service charge at many of your properties, but how do you they compare with the wider market?
In an ever-evolving economic landscape, the ability to anticipate future costs is fundamental for occupiers. The Assure team are already guiding clients through the process of forecasting for the year 2024, and there are going to be a multitude of factors influencing service charge costs in the coming year. What are going to be the main factors influencing next years’ service charge expenditure?
