Our Fee Structure
Our fees are structured to be flexible and adaptable to the needs of the Community.
Annual retainer:
This is a fixed cost per flat or house per year and will depend on the nature of the block of flats or estate.
It includes:
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Core block and estate management services.
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Service charge management services.
Additional management fees:
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Pre-sales information packs: before a property is sold the buyer will need a standard set of information about the property. There is a cost for preparing this which varies depending on the complexity of information required. However, this is charged to the individual seller, not the service charge.
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Company Secretarial fee: This is a fixed fee of, generally £300 + VAT per year. For this we carry out the company secretarial duties including Companies House Returns and preparation and minuting of AGMs, amongst other duties.
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Major works management: This is generally 12% to 15% + VAT of the cost of works and covers the cost of managing and administering the Section 20 consultation process and all of the organisation of resources necessary for larger projects.