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Service Charges Commercial Property – Quarter day

Service Charges Commercial Property Managing agent's are not always right when they invoice commercial property service charges. The following are a list of simple errors that this firm has identified and corrected on behalf of occupier clients. Charging a tenant ABOVE  the capped amount specified in the lease. Invoicing for costs that relate to well [...]

By |2019-12-02T15:13:44+00:00November 25th, 2019|commercial property service charges, Disputes, office service charges, service charge audit, Service Charges, shopping centre service charges|Comments Off on Service Charges Commercial Property – Quarter day

Service Charge Disputes – can you afford to ignore them?

Service charge disputes – can you afford to ignore them? An unresolved dispute, no matter how minor, has the potential to seriously affect the operation and reputation of a Landlord. It may delay or affect the ability to sell the property, as it cannot be truly “ready for sale” if service charge disputes exist, or [...]

By |2019-12-02T15:26:58+00:00December 1st, 2018|business lease, commercial property service charges, Disputes, office service charges, service charge audit, Service Charges, shopping centre service charges|Comments Off on Service Charge Disputes – can you afford to ignore them?

Office Service Charge New RICS Code 2018

Office Service Charge - Commercial Property In light of the new RICS code here are just 5 things that landlords and managing agents of offices need to ensure: 1) A service charge apportionment matrix is provided. 2) Budgets and reconciliations with appropriate explanatory notes are provided annually. 3) All expenditure sought to be recovered [...]

By |2019-12-02T15:28:57+00:00November 30th, 2018|commercial property service charges, Disputes, office service charges, service charge audit, Service Charges|Comments Off on Office Service Charge New RICS Code 2018

Commercial Property Service Charges – New MScorecard

Commercial Property Service Charges - MScorecard We have developed the "MScorecard"  for ranking and scoring commercial property service charges operated at major shopping centres across the UK. The idea came about when working on a portfolio of stores for one of my retail clients. It ranks centres with each applicable property getting a score out of [...]

By |2018-03-12T13:57:30+00:00March 4th, 2018|commercial property service charges, Disputes, office service charges, service charge audit, Service Charges, shopping centre service charges|Comments Off on Commercial Property Service Charges – New MScorecard

Service Charge Code – 4th edition – RICS

Service Charge Code, 4th edition - RICS The consultation period for making comments on the Service Charge Code 4th Edition has passed. The working  group made up of representatives from all the leading industry bodies has met to consider all the responses received by the RICS and agree the changes that need to be made with [...]

By |2018-02-23T16:42:17+00:00February 20th, 2018|business lease, commercial property service charges, office service charges, service charge audit, Service Charges, shopping centre service charges|Comments Off on Service Charge Code – 4th edition – RICS