Financial Services- Opening bank accounts in the name of the Management Company or a Trustee Account in the name of the property
- Preparing a Budget for the years expenditure
- Notifying and collecting the service charge
- Maintaining a sinking fund for the future provision of larger or unforeseen items of expenditure
- Arranging building and public liability insurances
- Arranging and administering service contracts
- Paying the bills of local councils and utility companies
- Dealing with employees’ salaries and NI contributions
- Providing information and assistance to potential and new purchasers, and dealing with solicitors enquiries during the sale of individual properties.