Portfolio Services
Providing clients with management processes to minimise service charge payments, identify high charges and manage costs
Specialist service charge management processes for tenants. Provides tenants with a streamlined checking and payment process including the identification of cost saving opportunities - on a portfolio of properties.
The processes include audit and error checks on all demands. Checks are made on budgets and certificates against each lease. Service charge costs are tested against proprietary benchmarks and trends and the opportunities for service charge savings are identified.
Errors identified are taken up with the landlord or managing agent and the correct payment levels are determined. Payments are processed on behalf of the client including monthly reporting to summarise activity and the provision of overall budgets for financial planning purposes.
Property Solutions specialise in cost saving activities and through a team approach can deal with any form of excess charging and all instances of high service charge budgets or certificates.
Proactive processes seek opportunities for cost savings. Where these opportunities are found to exist, savings processes are employed to commence service charge saving activities.
Contact us to speak to one of our in-house service charge specialists.
