Steve Packer by

Posted on November 6, 2015

As insurance brokers, we are often asked for advice on the administration of service charges – on the basis that buildings insurance costs are generally recovered from tenants by means of the service charge.

An interesting article in this week’s Estates Gazette gives advice on this subject.  Click on the link below to read the article

Service Charge recovery

As noted in the article, the RICS issue their own guidance on service charge apportionment.  For ease of reference the RICS guidelines can be read by clicking below

RICS Service Charge code 3rd Edition Feb 2014

 

 

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