service charges & block management
Residential Service Charge
Buildings in multiple occupation or sharing services or areas in common use will usually have a service charge levy imposed on each occupier in order to recover the cost of the services provided.
The provision of services and the calculation and apportionment of service charge is determined by the lease and usually implemented by a managing agent appointed by the developer prior to or during the build process or by the Management Company once the development is complete.
At Roy Green Surveyors we have amassed considerable experience in Service Charge Management and would like to pass on our experience and expertise to you. We currently provide Service Charge Management to a wide spectrum of clients ranging from owner occupied building companies to local and national developers.
The range of services we offer include:
- Computerised records.
- Quarterly and annual accounts.
- Timely issue of Rent, Service Charge and insurance demands.
- Flexible payments methods.
- Prompt payment of contractors invoices.
- Analysis of service charge accounts.
- Negotiation of contractor's service accounts.
- Company Secretarial Duties.
- Arrangement and minuting of AGM's.
- Valuation.
- Negotiation of contractor's service agreements.
- Production of annual service charge certificate.
- Production of certified accounts.
- Residential and Service Charge advise.
- Competitive management fees.
- Debt collection and recovery services.
Developers can add value to their development by ensuring that prospective purchasers have confidence in the future management of the apartment they are buying. Purchasers recognise that quality management by local professionals is of paramount importance to protect their investment and quality of living.
What we do that others don't.
- Pre-Development Advice - Unlike some other agents, we welcome the opportunity to advise developers at an early stage on the likely level of service charge that should be budgeted. The budget report can then be used throughout the selling process and even incorporated in sales literature.
- We recognise that an annual charge can seem rather daunting so whenever possible we establish a monthly payment.
- Advice can be given on such practical issues as insurance, and Health & Safety, together with guidance on the formation of Management Companies, compliance with relevant legislation and recommended Leasehold structure for the development.
- We have a policy of selecting local contractors for each and every development to undertake services and by doing so, we are able to pass down the cost savings that are not possible by using national contractors and their inevitable higher overheads.
- We are happy to meet, advise and work with you and your on site sales advisors so that we can provide added value to your properties and a cost effective, transparent, service to your clients.
- A Partner of the firm has direct responsibility for each contract and, as members of the Royal Institution of Chartered Surveyors (RICS), both you and your clients can be assured that all work in connection with any services provided are in accordance with their strict Codes of Practice and Guidance Notes.
- Our management fees are competitive and in return for an initial one year management contract, we do not seek to charge any set up fee, or involve the developer in upfront costs.
In addition to being responsible for the management of new developments, Roy Green Surveyors can take on the management of existing properties or developments during the build process or at any stage during the sales process.
At Roy Green Surveyors our approach is not only fresh but also unique compared to most national organisations, because we design our property management services around our clients' needs. Our innovative approach focuses on providing comprehensive and cost effective Service Charge management with a personal touch only a local firm can provide.
Whatever your requirement, however big or small your company, we will provide a service tailor-made for you and if you would like to discuss any element of the above in more detail please do not hesitate to contact us on 0116 235 3009.
Examples of some schemes currently under our management:
- The Park – 188 London Road, Leicester
- Fosse Building – Foss Road North, Leicester
- Church View – Kidger Close, Shepshed, Loughborough, Leicestershire
- The Old Tannery – Bradgate Road, Anstey, Leicester
- The Grove – Barkby Lane, Barkby, Leicestershire
- Rutland House – Rutland Street, Leicester
- Charnwood House – Brand Hill, Woodhouse Eaves, Loughborough, Leicestershire
- Hillside Apartments – Barwell, Hinckley, Leicestershire
- The Pinnacle – Coventry Road, Narborough, Leicestershire
