Reliable Oversight. Transparent Service Charges.
Service Charge & Financial Management
At Burns Hamilton, we understand that financial clarity is at the heart of effective property management. Our dedicated team ensures that service charge budgets, expenditure, and reporting are managed with precision and transparency, giving leaseholders, residents, and property owners complete confidence in their financial affairs.
Why Choose Burns Hamilton for Financial Management?
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Transparent & Fair Processes – We believe in clear, honest communication about service charge budgets and expenditure.
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Accurate, Proactive Budgeting – Helping you plan ahead to avoid financial surprises.
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Regulatory Confidence – Our expertise ensures full compliance with RICS, TPI, and other industry guidelines.
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Dedicated Support – Our team is always available to answer financial queries from residents, directors, and freeholders.
At Burns Hamilton, we take the complexity out of service charge and financial management, allowing residents and stakeholders to focus on what matters most—enjoying their homes and communities.
What We Offer
Budgeting & Forecasting
We meticulously plan and prepare service charge budgets in collaboration with our clients, ensuring they are fair, accurate, and aligned with the needs of your property. Our proactive approach helps prevent unexpected costs and ensures a smooth financial outlook.
Service Charge Collection & Administration
Efficient and timely service charge collection is essential for maintaining communal areas and delivering key services. We handle invoicing, payment processing, and follow-ups with professionalism and care, ensuring all funds are managed in compliance with industry regulations.
Financial Reporting & Compliance
We provide detailed financial statements and expenditure reports, ensuring complete transparency. Our service includes preparing year-end accounts in partnership with independent accountants, helping you meet your legal obligations effortlessly.
Reserve Funds & Long-Term Planning
Planning for the future is crucial. Where permitted, we establish and manage reserve funds, helping our Clients to plan their major works and ensuring properties remain well-maintained without sudden, unexpected financial burdens for residents.
Supplier Payments & Contractor Management
Through our weekly payment runs, we ensure that all supplier and contractor invoices are processed and paid efficiently. We complete robust checks to verify bank details and ensure that all invoices have the correct approvals before payment is made.
Expert Guidance & Industry Compliance
We stay up to date with service charge legislation, RICS guidance, and best practices, helping to safeguard you from compliance issues and disputes. Our experienced team is here to advise on leaseholder queries, financial responsibilities, and regulatory changes.