Budgeting


Accurate service charge budgeting is an essential part of managing a property.


Block Management UK Ltd's in-house accounts department sets a forecasted budget with the client. We then monitor ongoing expenditure on a daily basis. Should costs change, we’ll report to the client on the impact on the budget forecast.

We can advise on payment plans, ad-hoc charges clauses in leases, expenditure control, budget forecasting and invoicing. This allows the client to stay in control of their budget particularly important when it comes to funding future expenditure.

We work on the principle of budgeting for expenditure based on both costs incurred in previous years, and known forthcoming expenditure, Block Management UK is able to accurately advise on options for future budgets in a fully transparent and adaptable fashion to allow clients to retain overall control of the process so they can achieve a budget with which they are happy and at the same time provides best value-for-money and reflects the provisions of the leases.