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.
The Missing Millions: Uncertified service charges Read More »
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…
Assure Saves £8.5M in Service Charge Costs Q2 2022 Read More »
In the first 3 months of 2022, Assure have recovered £6M of service charge costs for our clients. We categorise all savings that we achieve by type and thought we would highlight a few types that we commonly see…
Assure Saves £6M in Service Charge Costs Q1 2022 Read More »
To the uninitiated, the world of Service Charge Management might seem a bit bewildering, as well as all the numbers involved, there’s a whole new language to learn! Here’s the Assure guide to some of the common Service Charge Management terminology you might come across when looking at your service charge liability…
Guide to Service Charge Management Terminology Read More »
As part of our initial portfolio review for an office occupier, we identified that the agent was over-budgeting, year after year and yet balancing credits were not issued. Instead, significant sums were being retained for unspecified future projects…
Recovering Excessive Reserves at Lease Expiry Read More »
Following an enforced hiatus during the pandemic, expenditure on major works maybe set to return to ‘normal’ or even higher levels in the coming years. The underlying day to day costs of soft/hard services look to be remaining broadly flat or with minimal increases in 2022YE…
The Return of Major Works Expenditure Read More »
