SERVICE CHARGE COMPARISON - SINGLE SCHEDULE

The figures below are based on a relatively new development of 60 properties where each resident pays 1/60th of all costs.

To see an example where there are more than one lease schedule to a development - CLICK HERE

Our published fees for a development this size would be 100 + VAT or 12.5% + VAT of the total service charge.





































Instantly we could save 1410 from the service charge as our management remit includes items that other managing agents make an additional charge for Health & Safety etc.

From our experience we can determine that the costs for the insurance and accountants are on the high side and have revised those costs. For other costs further information would be needed so these would need to be reviewed, but needless to say any further reduction would also reduce service charge levels.

In this instance it is more beneficial for this development to base our management fee on 12.5% + VAT on the total service charge demanded which in turn reduces the developments overall service charge by 8181.

If you think your service charge costs are high and would like a free comparative quote email over,  in the strictest of confidence  details of your service charge budget to quote@blockmanagersltd.co.uk.

 
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Oak House
6 Dorchester End
Colchester
Essex CO2 8AR


Tel: (01206) 561674           info@blockmanagersltd.co.uk