Working with us, you can have complete peace of mind that your funds are professionally managed and protected. Our client bank accounts are reconciled daily, and clients benefit from our membership of the Propertymark Client Money Protection Scheme.
Our comprehensive financial reporting suite includes:
- Expenditure against budget (with accruals and prepayments).
- Reserve reconciliations and cash balances.
- Service charge accounts.
- Regular void schedules (for our developer clients), and credit control reports on debtors and arrears collection.
All funds are held in separate client accounts and in trust in accordance with Section 42 requirements. All client funds – service charge and/or ground rent are held in interest bearing accounts and all interest earned is paid in full into the same account.