What your block would pay.

Minimum charge £3,600/year.

What the annual fee covers

• The full management service - the day-to-day running of the block.
• Service-charge collection and supplier payments, with every invoice checked against contracted scope, prior invoices and a market comparator.
• Statutory compliance - fire risk assessment, asbestos, electrical, water hygiene, lifts, and fire doors, kept current on a tracked plan.
• Section 20 consultation run properly, so the cost of major works stays recoverable.
• A quarterly expenditure report to directors, and annual service-charge accounts filed on time and independently certified.
• The leaseholder portal - every message, action, and response logged and visible to the leaseholder it concerns.
• Site visits at least monthly, arranged in advance so any director can walk the block with us, and as often as the block needs.
• Active communication - you hear from us before you have to ask, and arrears are chased from the first missed payment.

Charged separately, always listed

• Major works administrationSection 20 consultation and running the works programme, charged on the contract value. The surveyor or contract administrator is a separate, independent appointment.

  We expect major works this year

  Contract value of the works

  £

  Administered at 5% of the contract value, one off. The surveyor is a separate, independent appointment, paid by the block.

  Major works administration

  £12,500

  5% of £250,000, one off
  5%
• AdvisoryTribunal and legal preparation, and advice to a board we do not manage for. Timesheeted, and agreed in advance
  £50/hr
• Sales enquiry pack (LPE1)Paid by the leaseholder selling the flat, never by the block
  £250
• Licence to alter, administrationPaid by the leaseholder doing the work. Only where the block can grant it; where consent sits with a freeholder we charge nothing
  £750
• Deed of covenant or notice of transferPaid by the incoming leaseholder
  £75
• Replacement share or membership certificatePaid by the leaseholder asking for it
  £50
• Land Registry title searchPlus the Land Registry fee at cost
  £25

For context, large managing agents commonly charge 10-15% to administer major works, and often use their own in-house surveyors. We use an independent external surveyor, appointed by the RTM.

We don't believe the company organising and charging a % of the works should also be the one pricing that same work.