Service Charge:
Rendall and Rittner Limited will provide leaseholders with an estimate of likely running costs of the estate prior to the start of each financial year, which starts on 1st January. They will present leaseholders with a service charge demand twice each year for payment on 1st January and 1st July each year. This will include any ground rent due. Accounts must be settled within fourteen days. At the end of each financial year, 31st December, independent auditors prepare audited account to show actual expenditure that has been incurred throughout the financial year.
Rendall and Rittner Limited are bound by the Landlord and Tenant legislation, as are all managing agents, and have a duty to ensure that all expenditure is reasonable and that all invoices are made available for any leaseholder to view (by appointment). You will be given an opportunity to comment on quotations for any major items of work being proposed.
Rendall and Rittner Limited will be happy to discuss service charge issues with any leaseholders.
Rendall and Rittner Limited are bound by the Landlord and Tenant legislation, as are all managing agents, and have a duty to ensure that all expenditure is reasonable and that all invoices are made available for any leaseholder to view (by appointment). You will be given an opportunity to comment on quotations for any major items of work being proposed.
Rendall and Rittner Limited will be happy to discuss service charge issues with any leaseholders.