Faraday Property Management Login Close button



Forgot password

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.


rics logo

Regulated by RICS