If you are a Landlord, Residents Management Company, Property Managing Agent or Right To Manage (RTM) Company then you are required to prepare service charge accounts for any property containing 5 or more residential units. For properties with fewer than 5 units, tenants may request service charge accounts.
Accounting for service charges and preparing service charge accounts for the property sector is a highly specialist area. At Ormerod Rutter, our expert property team have extensive experience in providing service charge accounts for small to medium size developments to large complexes. We pride ourselves on our accurate, effective and timely approach to making even the most complicated accounts transparent and understandable, whilst remaining compliant.
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