It is notable, albeit to be expected, that no budget received so far has shown a reduction in utilities costs. Whilst the median increase in utilities is 52.8%, the average is 75%, indicating that many properties are faced with a significant increase in energy costs, bearing in mind that these increases also affect directly consumed energy as well.
Office 2023 Budget Increases: A sign of what’s to come? Read More »
As the leading service charge and lease expense management consultancy, we really do have the best team in place. Here we shine the spotlight on our Business & Client Relations Manager, Lesley Fulton.
Employee Spotlight: Lesley Fulton Read More »
Shortly after our client agreed a lease renewal in 2020, it became clear that the Managing Agent was not calculating the cap in accordance with the new lease terms…
Take care re-setting your service charge caps at renewal – Assure saves over £100,000! Read More »
Here we shine the spotlight on one of our experts, Derek Worthington. He is well known within the industry, it makes for an interesting read…
Employee Spotlight: Derek Worthington Read More »
Across our diverse client base, on average, 1 in 6 leases benefit from a service charge cap & some of our clients are now getting caps on more than 50% of their new sites/renewals. Most of those caps are based on a figure specified at term commencement and increased annually by reference to RPI.
Service Charge Caps: Emerging Trends Read More »
Remedial work can be beneficial to both the Landlord and the occupier of a building. If your Landlord is looking to carry out works, it’s important to understand the reason behind their proposal, and investigate if you are liable to contribute to these costs. Things may not always be as they appear to be…
Landlord enhancing building to increase asset value prior to sale Read More »
