At this point, your dedicated estate and accounts managers work hand in hand to analyse the factors, which will influence the creation of your budget.

Preparation

In consideration of producing an effective budget that meets the needs
of the property we will:

• Examine the last three years' final accounts (if available)
• Take into account any large scale planned maintenance
• Investigate any works required under the terms of the lease
• Review our previous site visits, meetings and contact with Directors/Lessees
• Scrutinize current and forthcoming government directives in regards to regulatory compliance in matters such as: asbestos, health & safety, leasehold reform etc

Approval

Once a draft budget has been created by your estate manager they will send it to the Director/s seeking approval and offering further consultation if required. Upon satisfactory confirmation that the budget is acceptable our accounts department will promptly issue service charge invoices to all owners in accordance with the lease.