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 historic [...]

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 via [...]

RICS Service charges in commercial property 1st edition

RICS Service charges in commercial property 1st edition RICS Service charges in commercial property 1st edition supersedes all three previous editions which were published as codes of practice. This new document has the status of an RICS Professional Statement. RICS members and firms regulated by the RICS must comply with professional statements in order to remain professionally competent. [...]

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 [...]

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 [...]

Start up Business – Office Lease

Start up business taking an office lease. This firm recently advised a small start up business, a tech company, located in cool tenant friendly incubator serviced offices. We were instructed following advice of their law firm who suggested we assist them as they were thinking about moving out of their serviced offices and taking a new lease [...]