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Guide to Service Charge Management Terminology

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…

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Assure Achieves Over £91,000 in Savings for Office Occupier

Our client occupies 49,000 sqft in a recently redeveloped office building of 69,000 sqft under a single lease beginning in 2017 for a term of twenty years.

The reconciled accounts for the service charge year ending 31 March 2019 were received, accompanied by a balancing demand of £368,000. Our client had received no prior notification from the managing agent regarding the size of the balancing demand..

Assure Achieves Over £91,000 in Savings for Office Occupier Read More »

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