Insights

Industry comment, updates and news from the Websters team.

Getting more out of your solicitors

Wednesday, March 21st, 2012 in Landlord, Managing Agent, News, Service Charge

It can be problematical for a property manager when it comes to seeking legal advice. Solicitors can be an expensive commodity, and there is often neither the means nor the willingness to pay high legal fees. Equally, there will be no appetite to increase service charge levels to cover legal fees.
In a blog from Brady Solicitors, six cost-effective and innovative ways are suggested to secure the desired result without significant costs.

Read the full article here

Guidance on service charge accounts of residential properties

Wednesday, March 21st, 2012 in Landlord, Managing Agent, News, Residential, Service Charge

Final definative guidance has been issued on accounting and reporting in relation to service charge accounts for residential properties.  This guidance was prepared by a joint working group comprising representatives of the Association of Chartered Certified Accountants, ICAEW, the Institute of Chartered Accountants of Scotland, the Association of Residential Managing Agents and the Royal Institution of Chartered Surveyors.

Obtain a full copy of the guidance here

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