Service charge scrutiny

Service charge often represents a significant real estate outgoing, and one which is outside the direct control of the corporate, and in the hands of the landlord of their managing agent. King Sturge Corporate Real Estate team is able to use its significant expertise in the management of corporate portfolios, coupled with the understanding of best practice service charge management in our Asset Management group, to advise corporate occupiers on their service charge liabilities and seek to negotiate reductions where inappropriate levels of charge have been levied.

As a firm, King Sturge are a leading representative in the Real Service initiative, a group constituted by major landlords and their managing agents, seeking to ensure best practice in the delivery of service charge management. We have also contributed to the pan industry Service Charge Code and the Code of Leasing Practice, both aimed at improving standards and transparency throughout the leasing and management process.