Financial

Finding the right managing agent can be a daunting task. We have found, when meeting potential clients, that their concerns include property maintenance, accounts and communication. There are a few straightforward steps to follow in choosing a new managing agent.

• Initial assessment of the needs of the property.
• Agreement of capital expenditure plan with you.
• Agreement of the annual property expenditure budget.
• Submission of service charge demands.
• Ensuring an efficient collection of service charges due.
• Production of information for the annual accounts.
• Ensuring that accounts are agreed and filed on time.
• Reconciling the actual expenditure to the budget.
• Producing the balancing charge or credit to lessees.