Control of occupancy costs has never been more important. Here we set our 10 Pre-Contact Lease Tips when signing up to a lease subject to a service charge…
10 Pre-Contract Lease Tips For Service Charge Read More »
From our internal research, based on renewals that have taken place over the past three months, landlords insurance recharges are rising. We are seeing average increases of 13.5% feeding through at renewal. This is a combination of rising declared values (4%) and escalating premium rates (9.5%). In many cases the increases are far greater, with Landlords extending their cover as well as taking a more active role in the identification of risks…
Landlords Insurance Recharges are rising – what can be done? Read More »
For us to understand what will happen to Service Charge budgets in 2022, we need to look back. In 2021 service charge budgets reduced by 9% for Shopping Centres and 4% for Retail/Leisure Parks. This was mainly due to the withdrawal of major works and reduced marketing throughout the lockdown periods. There was relatively little in the way of reduced manpower costs, despite Furlough, so that’s one to look out for as we await the final reconciled service charge accounts…
Retail/Leisure Service Charge Budgets in 2022 Read More »
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 »
DOUBLE OR TRIPLE CHARGING FOR EXCEPTIONAL WORKS! With deferral & subsequent carrying forward of postponed works coupled with delays in certifying service charge there are instances where service charges levied on-account can effectively
Double or Triple Charging for Exceptional Works! Read More »
