Bank Accounts - We manage service charge funds within separate Bank Accounts in your property company’s name.
Bank Operation - Checking and paying suppliers’ bills and other authorised payments from the account. Any bills, other than the usual day-to-day bills, are only paid with prior approval of your Nominated Director.
Expert Planning - We advise your Directors on requirements for proposed works and long-term funding.
Service Charge Invoicing and Collection - We raise all service charge invoices, monitor payments received and chase arrears. Your Nominated Director is advised of any problems on flat-owner arrears and we guide on options for recovery.
All transaction processing and related work provided by Accountancy Fellowship Ltd as required at no extra cost.