The recent decision is a triumph for Blue Property and should give all leaseholders confidence in employing, or continuing to employ our management services.
The tribunal determined that over £300,000 of service charge were reasonable and payable. The total amount disallowed, over three years, was not over £15,000, which has been incorrectly stated amongst other media.
Only a small amount was deducted per leaseholder, averaging approximately 2%, per leaseholder per year; this was in relation to most apartments, depending on their size and apportionment.
By the time interest had been applied to some late payments, some refunds were almost cancelled out by any interest due.
With the tribunal known to be a difficult place for freeholders and managing agents, the decision was welcomed by Blue Property and confirms that our management services are both fair and transparent.
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Over 15 years of property, project management and client service experience; because of this we truly understand the importance of consistency and haveacquired over 75% of our portfolio via word of mouth.
Hand over your development in confidence. We are able to look after all aspects of management efficiently and ensure all residential and commercial property issues are run in a professional manner.
"I am so impressed with how the work on the building has come along in the last year. It's nice to feel like you are living in a building that is cared for and not forgotten! " H W, West Bridgford, Nottingham
An established broker for the purchase and sale of Ground Rents / Freeholds. We can achieve top prices from small converted houses to large sites built by major UK developers.
By Telephone: 0330 053 8770
We have 4 offices in the UK.
Birmingham, Essex, London, Nottingham.