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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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Exploring Service Charges Outside of the UK

So far this year our International Team has saved over £2.7M in service charge costs from projects in Germany, Spain, France, Poland, Norway, the Netherlands, Belgium, Ireland, Czech, Italy, Australia, and the US, with further savings on the way…

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Apportionment Issue Resolved After Change of Managing Agent

On behalf of a large supermarket chain client we recently reviewed an apportionment issue that arose due to a change of managing agent.

This store was located on a Shopping Park that used a Weighted Floor Area (WFA) apportionment method – the larger the store, the greater the discount to the service charge…

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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…

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New Positive Approach Resolves Old Dispute Resulting in Initial Saving of £40,000

New Positive Approach Resolves Old Dispute Resulting in Initial Saving of £40,000

Assure were instructed on a new Service Charge management contract for a multi-site retailer, who had previously been managed by another consultancy. We always kick start new instructions with a thorough review of the lease, financials and an account reconciliation. A fresh pair of eyes will often identify new issues or new ways of resolving old disputes…

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