management fee description

Management Fee

The management fee is charged to all owners and covers the administration costs of providing the property management service. It is your share of Linthouse Housing Association’s costs or providing a factoring service.

Typically this charge covers the following; account processing, instructing repairs, invoicing, debt recovery, correspondence with owners, management of contracts, postage, stationery, organisation of buildings insurance etc.

The fee is reviewed annually and increased in line with all other association charges. It is payable in respect of each property owned and is charged in the half yearly accounts.