Service charge arrears and ground rent arrears can harm cash flow and take up valuable time, distracting you from what you do best – managing your property portfolio. When your internal processes do not lead to payment, it is important they are backed up by an effective debt recovery solution.
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The Bristol Property Inclusion Charter is the first city-wide property inclusion charter in the UK, intended to promote and drive diversity and inclusion.
Cost of living crisis and the impact on service charge recoveries
News
In February 2023, the Bank of England’s Monetary Policy Committee (MPC) voted that the bank interest rate would make its tenth increase over the past year by 0.5ppts to 4%, being the highest level in 15 years.
Read more on Cost of living crisis and the impact on service charge recoveries
Right to Manage: FirstPort Property Services Ltd v Settlers Court RTM Company and others
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Qualifying tenants have often sought to push the definition of “premises” to its absolute limit, claiming management rights over as much of the land surrounding a self-contained block as possible.
Read more on Right to Manage: FirstPort Property Services Ltd v Settlers Court RTM Company and others
Sarah Manley, partner and commercial property specialist, looks at the future of property management in the months and years to come following the impact of several national lockdowns and ongoing uncertainty.
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