Service Charge Accounts
Service Charge Accounts are prepared to summarise how the landlord has spent the monies collected from leaseholders for communal building costs. Details of the costs recoverable under the service charge are detailed in the property leases.
Service Charge Accounting is a highly specialised area. Leaseholders have a lot of protection under the Landlord & Tenant Acts, and it can be costly to get things wrong. Being a member of TPI (The Property Institute), we keep up to date with the latest information, and follow the latest guidance and best practice advice in preparing your service charge accounts.
Administering service charges can be a complicated and time-consuming process, and most landlords employ managing agents to do the work on their behalf. We work with many national managing agents to prepare service charge accounts but also help many smaller landlords with service charges.
The 
Difference
Our expert property team has over 65 years of industry experience and we’re proud to provide services for everything from small apartment blocks to large developments. Our clients include residential properties, commercial properties, and mixed usage properties; we tailor our approach based on your precise needs.
We work directly with our clients in a 1:1 approach to ensure that all requests are met and exclusive relationships are maintained. We adapt to your needs by providing exceptional turnaround times, prioritising jobs whenever needed. We pride ourselves on our accurate, effective, and timely approach to making even the most complicated accounts transparent, understandable, and compliant.
Get help with
Preparation of residential service charge accounts
Commercial and mixed use service charge accounts
Auditing and examination of service charge accounts
Statutory accounts for residents management companies
Estate rent-charge accounts
Assistance with financial record keeping
Trust tax returns
Handover statements for changes in agents
Interim management accounts
Ground rent accounts
Don’t Just Take Our Word For It
They understand the industry
‘We have been a client of Ormerod Rutter for over 20 years and throughout have found their services to be of the highest standard, provided by their friendly and approachable staff. Working with Ormerod Rutter we have been able to adapt and improve our systems utilising their knowledge of legal and financial frameworks for both service charge and management company accounts. We look forward to our continued working relationship with Ormerod Rutter’
Service Charge Manager – FirstPort Property Services Limited.
Talk to our Key Contact
Karen Brooks
Service Charge Manager
To learn more about the Ormerod Rutter Service Charge Accounts service, and obtain a no obligation quote please get in touch.
01905 777 600
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01905 777600
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