Hard Services refer to the essential physical and structural elements of a building, as well as its mechanical systems. This includes maintaining and repairing critical equipment like boilers, chillers, and lifts, alongside structural components such as roofs and external walls. These services are vital for preserving the building’s integrity and ensuring its smooth operation.
The recent Budget has stirred controversy, especially among employers and business owners in sectors like retail and hospitality that rely heavily on minimum wage and part-time roles.
Landlords and managing agents charge fees for administering service charges, but what does that cover? Management costs extend beyond the fee itself. Understanding these elements is crucial to determine if your management costs are reasonable.
Evaluating Office Service Charge Costs: Are You Paying a Fair Price?
You may well be paying a service charge at many of your properties, but how do you they compare with the wider market?
The occupier must get full disclosure from their ‘Intermediary’ supplier (the Landlord) to make sure the full benefit of the EBRS & EBDS are passed through to them in a timely manner…
The Assure team have recovered £8.5M of service charge costs for our clients in the second quarter of the year, keeping us on track to achieve our target of £35m for the year…
