reduction in service charge budget

In an ever-evolving economic landscape, the ability to anticipate future costs is fundamental for occupiers. The Assure team are already guiding clients through the process of forecasting for the year 2024, and there are going to be a multitude of factors influencing service charge costs in the coming year. What are going to be the main factors influencing next years’ service charge expenditure?

Miranda Toben, Associate, shares two recent case studies where we successfully challenged excessive budget increases relating to energy costs resulting in reductions totalling £695,000.