Start Saving Now
|
Saved £13,000
|
How did we do it?
After an era of over charging and wrongly charging by Peverel.
The previous managing agent Peverel paid bills in error to EDF. We went to the Ombudsman and managed to get a refund of 13k from them. |
|
Saved £850
|
How did we do it?
The previous agent had set up the electricity contract for the past 2 years to included 20% VAT. On reviewing handover information, Ringley contacted the previous & current energy suppliers to seek the refund. £850 was returned to the site funds.
|
|
Saved £12,872
|
How did we do it?
Big saving on insurance. After helping the owners buy the freehold we competitively re-tendered the insurance and achieved a 50% saving
|
|
Saved £2,829
|
How did we do it?
saved more than the cost of our fee. Expert negotiation works.
|
|
Saved £9,576
|
How did we do it?
The previous Agent set up the water wrong. The block had paid commercial water rates since 2004. We clawed back 6 years cash - £9,576 and reduced the VAT rate to residential.
Naturally it took a fight with Thames Water and reference to the CCWater. |
|
Saved £12,000
|
How did we do it?
Previously Freehold managed by Ringley we helped the leaseholders buy the Freehold after the Section 5 Notice timed out. We brokered a deal £12,000 cheaper than buying the Freehold through the enfranchisement route. The Client then switched to our support service saving more!
|
|
Saved £3,714
|
How did we do it?
We collected a premium for the intermediate landlord (our Client) of £3,714.
The previous Agent was not collecting this. Good for the enfranchisee. Bad for our Client who ends up with a duty to pay more ground rent than they collect. |
|
Saved £5,367-40%
|
How did we do it?
We saved 40% on insurance or £5,367.
It is about how you present a case to the insurers and how well they trust you to manage, especially on buildings with lead pipes, flat roofs, down-feed water supplies. |
|
Saved £5,800
|
How did we do it?
Saved £5,800 by instructing an expert to confirm that roof materials did not comply with building regulations.
A risk that had to be taken after both Zurich and the developer said NO. |
|
Saved £8,719
|
How did we do it?
Pipes sunk into concrete floors (no longer permitted by building regulations) left us with an expensive insurance claim. Expert negotiation achieved a committment by the insurer to replace a whole pipe run to reduce future risks of more of the same!
|
|
Saved £13,367
|
How did we do it?
The porter was struggling to deliver the vision, the residents vote wanted change. We reviewed the roles and negotiated with the porter to live off site and marginally reduce his hours. Renting the flat will produce income desperately needed to help repair the roof.
|
|
Saved £1,654pa
|
How did we do it?
It took us 4 years to get 75% of owners signed up to a S37 application to vary the lease to get rid of a defective insurance clause. Now the block can buy 1 insurance policy, saving £1,654pa for ever. Previously there were 11 policies and lots of arguments.
|










Recognition for our meeting the 5 commitments to disabled employees.
As a recognized Investor in People since 2001 our success is only from developing our people.
Useful Block Management Material & Guidance Notes