Property Management Fees



Changes Applicable to the Leaseholder

Cost

Applicable Notes

Service charge payment reminder letter: 1st Reminder Free -
     
Service charge payment reminder letter: 2nd Reminder £35.00 -
     
Service charge payment reminder letter: Subsequent Reminders £95.00 Including a Land Registry Search fee
     
Obtaining mortgage information and advising lenders of arrears Free Assuming information only required once, further correspondence may incur a charge
     
Bounced cheques £20.00 Plus Bank charges
     
Solicitors fees for debt recovery See Notes
Costs incurred plus 10%
     
Organising maintenance works Free Fair policy presides
     
Section 20 management works fee
See Notes 12% on the net contract value with a minimum fee of £350
     
Re-issuing photocopies of documents Free Fair policy presides
     
Issuing copy of insurance schedules Free Fair policy presides
     
Additional copies of insurance schedule Free Fair policy presides
     
Issue of complete insurance policy documentation £25.00 Plus any charges levied by Insurers
     
Call out visits by the estate manager (hourly rate)
£45.00
Only when the defect falls within the responsibility of the property owner
     
Registration of letting tenants Free Assured shorthold tenancies only
     
General administration services to property owners Free Fair policy presides
     
Staff attendance at Leaseholders/Directors meetings including AGM's, on-site meetings, etc. (hourly rate)
£45.00
-
     
Dealing with insurance claims Free Fair policy presides
     
Company Secretarial
£195 -
     
Secretarial Duties - Annual Returns
£15.00 -
     

Right 2 Manage (Dorset) Limited block management costs

1-4 Flats
From £950.00 Per block per annum*
     
5 + Flats From £199.00
Per flat per annum*

Changes Applicable to the Solicitors

Managing Agents Leasehold Questionnaire £195.00 -
     
Deed of Covenant £55.00 -
 
 
Registration of Transfer or Assignment £55.00 -
     
Registration of Notice of Charge £55.00 -
     
Stock Transfer or issue of Share Certificate £55.00 -

Please note all charges are plus VAT at the prevailing rate if applicable.

Right 2 Manage Dorset Ltd are Property Management Agents specialising in the Management of Residential Blocks of Flats based in Poole, Dorset, covering Bournemouth, Ferndown, Dorchester, Weymouth, Christchurch and Wimborne. If you are looking for a new Property Managing Agent for you Property portfolio or you are a Residential Managing Agent for your block of flats, our Property Management Service covering Dorset is here to help. 

Right 2 Manage Dorset Ltd
Company Number 7134334
10 Albany Business Park
Cabot Lane, Poole, Dorset, BH17 7 BX
Tel: 01202 640336
Email: enquiries@right2manageltd.co.uk