Service Charge Accounting
Service Charge Accounting is one of the most important aspects of property management.
A requirement of law and nearly all Leases, it is essential that Service Charge Accounts are presented to owners in a timely fashion to ensure that they are both notified of the expenditure incurred, and of any balancing payment or credit which may be required following the completion of the year in question.
Block Management UK Ltd work hand in glove with a number of specialist Service Charge Accountants in order to ensure that the relevant requirements are met when it comes to legalities, and to ensure the highest level of transparency of where money has been spent in each period, allowing you a detailed insight into where money has been spent, and more importantly why those funds had to be spent.