commerical service charges

Efficiency Unleashed: How Assure Index Supports Shopping Centre Budget Reduction

audits, budget, commercial property, leisure, News, retail, service charge, service charge liability, shopping centre, tenants / By

Discover how the Assure Index helped us reduce a shopping centre service charge budget by £283,000. By pinpointing areas where the budget exceeded the average, we took prompt action to rectify these variances, resulting in significant cost savings for our clients.

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The Missing Millions: Uncertified service charges

audits, budget, commercial property, flexible office space, Landlords Insurance Recharges, leisure, managed offices, News, Offices, retail, service charge, service charge caps, service charge liability, Serviced Offices, shopping centre, tenants / By

The findings were disturbing, with uncertified service charge expenditure going back as far as 2013 and amounting to an aggregate sum in excess of £1 billion, with £583million relating to 2020 and 2021 when actual expenditure was well below budget levels due to the impact of Covid.

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