FACTORING CHARGES REVIEW 2010/ 2011
We have completed our annual budget setting process and as part of the exercise have reviewed income and expenditure. Increases in rents and services have been set in order to ensure that our charges meet costs and the charges applicable to your property with effect from 1 April 2010 are detailed below for your information;
Management Fee £80.00
Building Insurance Premium
Tenemental Property £116.34
Luma Building £173.96
Cyclical Maintenance Fund Contribution
Tenemental Property £110.00
Luma Building £120.00
We are sure that comparison with other providers of factoring services will demonstrate that although we are having to increase some of our charges that these still represent excellent value for money.
We have completed our annual budget setting process and as part of the exercise have reviewed income and expenditure. Increases in rents and services have been set in order to ensure that our charges meet costs and the charges applicable to your property with effect from 1 April 2010 are detailed below for your information;
Management Fee £80.00
Building Insurance Premium
Tenemental Property £116.34
Luma Building £173.96
Cyclical Maintenance Fund Contribution
Tenemental Property £110.00
Luma Building £120.00
We are sure that comparison with other providers of factoring services will demonstrate that although we are having to increase some of our charges that these still represent excellent value for money.
