Assure Saves £8.5M in Service Charge Costs Q2 2022
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…
service charge management
Assure Saves £6M in Service Charge Costs Q1 2022
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…
8 Tips for Property Cost Control
Assure may have the very best lease audit and administration teams in place. But if the terms are poor, there is only so much that we can do, here are our 8 Tips for Property Cost Control…
Recovering Excessive Reserves at Lease Expiry
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…
Assure intervention secures £130,000 reduction in insurance premium
Our supermarket client occupies a large distribution centre under a single lease beginning in 1996.
The insurance premium increased to £359,000 following a 38% uplift in the Buildings Declared Value.
Our insurance team requested a copy of the Reinstatement Cost Assessment for further investigation…
New Positive Approach Resolves Old Dispute Resulting in Initial Saving of £40,000
Assure were instructed on a new Service Charge management contract for a multi-site retailer, who had previously been managed by another consultancy. We always kick start new instructions with a thorough review of the lease, financials and an account reconciliation. A fresh pair of eyes will often identify new issues or new ways of resolving old disputes…