Loughborough University
The Loughborough Report is the only benchmark against the RICS Code of Practice for Service Charges in commercial property.
Property Solutions have worked closely with Loughborough and Dr John R Calvert since 2003 in the collection, analysis and reporting of service charge data through the publication of the Loughborough Report. The annually updated Loughborough Report is the most comprehensive investigation into the cost of service charges, the management and delivery of services in multi-let offices and is the only benchmark of compliance with the RICS Code of Practice for Service Charges in commercial property.
The Loughborough Report 2009: Commercial Property Service Charges was released at the Property Solutions sponsored service charge seminar "Change we can all believe in" on Thursday 26th November 2009. Downloads are now avaliable via the link below.
(Above picture credited to Loughborough University)
Download
- 2009 Loughborough Update: Commercial Property Service Charges
Download / 1.5 MB - 2008 Loughborough Update: The Paradox of Service Charges
This year's expanded report concludes from the analysed data that the subject of service charges is indeed a paradox. Tenants are paying for services, sometimes at a high cost, and some are receiving a quality of delivery which represents poor value for money.
Download / 2.7 MB - 2007 Loughborough Update: The Reality of Service Charges
Raises tenants’ concerns again due to further increases in commerical service charge costs and new analysis of the negative effects of landlords opting to register their buildings for VAT. Also contains a comparison between JLL’s Office OSCAR and the Loughborough Report.
Download / 1.7 MB - 2006 Loughborough Update: The Truth About Service Charges
This is the first look at how the UK multi-let office industry measures up to the requirements of the RICS Service Charge Code of Practice published in June 2006.
Download / 426.7 KB - 2005 Loughborough update: The Trouble with Service Charges
Looks into certificate and budget lateness, proposes a cost group system to allow comparisons of costs across buildings and updates the cost data in the original study.
Download / 522.8 KB - Original Loughborough Report
Determines the scale of service charges paid by tenants in multi-let offices across the UK, seeks reasons for reported cost increases and comments on the opportunities for efficiency improvements.
Download / 645.4 KB
