Financial Controls

We take the fiduciary responsibility placed upon us as Managing Agents very seriously, ensuring that all of our accounting services form a fundamental and transparent part of our management approach.

All our clients’ own accounts are opened in accordance with S42 of the Landlord and Tenant Act 1987 as service charge monies should be held in ring-fenced designated bank accounts. As a policy we review all clients’ accounts on a daily basis and carry out twice weekly full bank reconciliations.

All our Clients’ Accounts are covered by the RICS Clients’ Money Protection Scheme. For more information on the RICS Clients’ Money Protection Scheme please kindly visit:

THE RICS CMPS CLIENTS' GUIDE

THE RICS CMPS FIRMS’ GUIDE

We chase all arrears robustly which has resulted in close to no arrears in any of the blocks under our management. Management accounts are produced on a quarterly basis and we prepare accounts for audit by our client’s independent accountants.

Regulated by RICS