Administration Charges
There are occasions when you may require additional services from us or administration costs incurred.
An example of an additional service is when you sell your property. Your solicitor or conveyancer will request a pack of information about the property or development and the service charges to present to the buyer.
An example of an administration cost is when an owner is in arrears with his or her service charge payments and reminders have to be issued.
The usual Administration Fees charged in addition to the regular Management Fee are set out in the table below. Please note, however, that these fees are subject to change without notice and if they differ from figures set out in the individual Management Agreement for the building or development, it is the fees quoted in the Management Agreement that take precedence.
Solicitor's pre-sale Enquiries (LPE1 or FPE1) | £295.00 |
Receipting Notices (e.g. Notice of Assignment) | £75.00 per Notice |
Land Registry Certificate | £75.00 |
Deed of Covenant | £150.00 |
Licences, consents and permissions | £150.00 |
Credit Control - Late payment reminder | £35.00 |
Credit Control - Solicitor referral | £125.00 |
To provide a copy of a lease or house deeds | £25.00 per document |
Major Works (s20 process and supervision) | 5%* |
All fees shown are illustrative only and are exclusive of VAT and are subject to change.
The management agreement with the client will be definitive.
*This fee is a proportion of the project cost excluding VAT and any surveyor or CDM Principal Designer fees
Administration Charges must be fair and proportionate to the work they relate to.
For a Summary of your Legal Rights and Obligations in respect of Administration Charges please click here.
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Managed Partnerships Limited is a limited company
registered in England and Wales
Company Registration Number: 12401949
Registered Office: 124 City Road london EC1V 2NX
124 City Road London EC1V 2NX