Resources
Resources
Why do we need to contribute to a Reserve Fund?
Click on the video below to listen to Property Manager Jamie, explain why you need to contribute to a Reserve Fund. “Your lease will dictate whether monies can be collected for a Reserve Fund. And if the lease confirms a Reserve Fund can be collected, then this will enable the Freeholder and their agent to plan financially for…
Service Charges and other expenses
Today, we’re going to talk about Service Charges and other expenses that are likely to apply to any leasehold property you buy or rent. Service Charges If you pay a Service Charge, your lease will be set out explaining how this is organised and what can be charged. You have the right to ask for a summary outlining how…