Service charge management
Manage your service charge costs effectively
Working with BNP Paribas Real Estate will help you improve occupier satisfaction and ensure the effective management of your multi-let properties. This is because we combine a best practice approach with proactive communication to ensure both you and your occupiers enjoy value for money.
Your challenges
Managing service charges and improving cost recovery from your occupiers presents a number of challenges
- Managing budgets and cost management for service charge
- Reconciling and certifing accounts
- Maximising cost recovery in accordance with lease terms
- Managing cash flow
- Communicating with all stakeholders to ensure satisfaction
Our services
We can manage your day-to-day service charge obligations and help you plan for the future.
Our services include:
- Active management
We will optimise your procurement, ensure costs are budgeted, and manage income and expenditure effectively.
- Service charge certification
We can arrange independent certification to ensure full transparency of costs and compliance with the RICS code of practice.
- Cash management and debt recovery
We act as custodian, ensuring timely income collection, segregation of funds, and maximum recovery of any debts.
- Consultancy advice
We can provide strategic reviews and dispute resolution.
The benefits to you
- Lower costs, higher satisfaction
Our experts have the occupier management expertise to ensure your liabilities are minimised and occupiers receive best value.
- Strategic future planning
We can advise on forthcoming legislative changes to help you plan for associated implications for future service charge expenditure.
- Independent expert advice
We combine day to day management with independent advice to help you resolve any disputes with occupiers or third parties.
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