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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…

Verivi

Verivi Development Drives Savings

Here at Assure we are always developing and growing. The core of our business is reporting and analysing data in order to drive savings and help our clients with their cost reduction. This would not be possible without our internal software – Verivi. Verivi sits at the heart of everything we do, it stores every piece of relevant data for managing our clients lease expenses…

Service Charge – Cost Savings and Refunds

Latest Refunds and Savings With cost saving and refunds high on the agenda, I thought we would share some of the issues that we have dealt with this week……. Double payment of insurance …

Service Charge – Cost Savings and Refunds Read More »

Electricity

Most occupiers of commercial multi-let buildings will be paying for electricity via two routes. However, do you know what you are paying and whether this represents good value for money?…

Management Costs Offset Savings

A retail park service charge budget arrived recently and there was a 3.3% reduction, being broadly in line with the market and probably accepted by many. However, on closer examination, there was a significant reduction in security costs that should have led to an 11% reduction.

This reduction had been offset by an increase in management costs through the employment of an Estate Manager to manage various services, with that cost spread across numerous service lines..

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