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How are your fees agreed?

There are no scale fees for the management of flats sold on long lease. Some managing agents charge their standard management fee by reference to a percentage of the Service Charge Expenditure, but we do not consider this to be a fair method as it offers no incentive to minimise costs.

We would assess the realistic cost per unit required to provide a comprehensive service to the client and the property concerned. This would be based on the level of needs and services presented by a building and also through use of similar market comparables. This unit fee would be fully agreed prior to commencement of duties and adjusted annually through mutual consent.

 

 
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