Service Charge

Webinar

Webinar: LG Energy Group & Assure Consulting

Assure Consulting will be presenting at a Webinar hosted by LG Energy Group, a market leader in energy risk management and procurement. A series of short sessions to be presented by Tim Parkin, Director Building and Consultancy, and Christopher Isa Cole, Director of Innovation & Development…

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The Return of Major Works Expenditure

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…

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Approved Service Provider Member of the Flexible Space Association

Assure Consulting is now an Approved Service Provider Member of the Flexible Space Association, the professional trade association for serviced and managed office providers. We have an extensive track record in the commercial office sector, including several Flexible Space Association members. We advise occupiers on all aspects of lease expenditure, with particular expertise in service charges and insurance…

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Spotlight on Distribution Centres – Service Charge & Insurance

With the growth in the sector, we felt it was time to shine the Spotlight on Distribution Centres and update our work on service charge and insurance rates payable by occupiers of warehouses and distribution centres.Our research covered 132 locations across the UK. The findings allow us to benchmark costs and then quantify the significant scope for potential savings…

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Landlords Insurance Recharges are rising – what can be done?

From our internal research, based on renewals that have taken place over the past three months, landlords insurance recharges are rising. We are seeing average increases of 13.5% feeding through at renewal. This is a combination of rising declared values (4%) and escalating premium rates (9.5%). In many cases the increases are far greater, with Landlords extending their cover as well as taking a more active role in the identification of risks…

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Retail/Leisure Service Charges – Is there an alternative?

According to our research, Tenants are begining to protect their position to a far greater extent, with many more service charge caps and all-inclusive rents. If this trend continues, it is Landlords that will suffer the fluctuations. In turn, this directly impacts the net rent (after deducting service charge shortfalls) that they are able to secure across the let parts of their scheme…

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