Industry comment, updates and news from the Websters team.

Horses for Courses

Monday, February 17th, 2014 in Commercial, Landlord, News, Residential, Service Charge

Websters has been specialising in the production and audit of service charge accounts for nearly forty years. When we started this work, service charge audits were frequently undertaken as part of the property owner’s general annual audit. This was not a satisfactory situation because specialist knowledge is needed for accurate service charge accounting assessment. Some of the advantages of an audit are:-

  • Landlords and tenants can be assured of their transparent financial relationships
  • Tenants can trust that the service charge is correct and fair at no added cost to the landlord
  • There can be a significant reduction in investigations by tenants into service charges, saving time and money for landlords
  • Specialist advice on current techniques for the internal accounts team will be available

We now act for a very large number of  landlords, who recognise that independently audited accounts can remove a major cause of  conflict with their tenants

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