Property Cost Auditing

Our Audit & Recovery service is based on a methodical process of reviewing all financial obligations arising under the terms of an occupational lease with a view to maximising recoveries and identifying future cost savings.

The Audit opportunity extends to an analysis of all recurring financial liabilities arising under a commercial lease, including rent, service charge, landlord insurance, sub tenant recharges, double counting on assignment and financial incentives under an initial Agreement for Lease.

The object of the exercise is to maximise recoveries and increase your company’s profitability through a retrospective review of up to 12 years’ worth of data, as well as identifying future cost saving opportunities.

To find out more and to look through some case studies, please review our Property Cost Auditing eBook.  This can be downloaded from the link below.

To discuss your requirements in more detail, please contact Lee Mason, Managing Director of Assure Consulting on 01234 817240 or email lee.mason@assure-consulting.com

Property Cost Auditing eBook

RESOURCES

To find out more and to look through some case studies, please review our Property Cost Auditing eBook

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Our Services

Our Key Offerings:

  • Portfolio Management
  • Individual Cases
  • Pre Contract Advice
  • Financial Planning
  • Dispute Resolution
  • Document & Data Management
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Our Key Offerings:

  • Portfolio Management
  • Premium Evaluation
  • Reinstatement Cost Appraisal
  • Lease Analysis
  • Counter Quotes
  • Document & Data Management
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Our Key Offerings:

  • Portfolio Management
  • Individual Cases
  • Recovery of Lease Costs
  • Support to Inhouse Team
  • External Recovery
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Our Key Offerings:

  • Agreed Scope of Work
  • Portfolio Audit
  • Financial Analysis
  • Lease Appraisal
  • Identify Opportunities
  • Secure Refunds & Overpayments
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Our Key Offerings:

  • Verivi Database for Lease Liabilities
  • Access to clear folder structure & data
  • Regular reporting
  • Client Portal for 24/7 Access
  • Savings across all Lease Expense categories
  • Financial and Payment Information
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OUR BLOG

Service Charge Caps

Tenants may negotiate to limit their liability by means of a Service Charge Cap, which is a clause stating that in any one year the tenant’s obligation to pay the Service Charge shall not exceed an agreed figure … and look at what has happened since April 2020. We have completed a review of 7000…

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…