Landwood Group have an experienced commercial service charge consultancy team who act for a number of landlords and occupiers. With the introduction of the Service Charges in Commercial Property 1st Edition in September 2018, effective 1 April 2019, this professional statement contains mandatory obligations for Landlord which must be adhered to. Our team undertake forensic investigations into service charge documents to release efficiency savings for tenants or to ensure compliance of landlords with their obligations. Services include the following:
- Advice on lease interpretation and support through lease drafting
- Advice on expenditure/budgets/sinking funds and apportionments
- Advice on recoverability of costs of major repairs and replacements
- Adherence to the service charge code, the requirements of landlords and rights of occupiers
