Accounting & Finance
Without a doubt, the management of a property’s finances is the single most important task that we have, and we take our responsibilities extremely seriously.
We treat service charge funds as if they were our own and we will not spend a penny without prior authorisation from our clients.
Funds are in safe hands with Glassbox as our Property Management Team has been responsible for over £200m of service charge funds throughout their careers and we know just how important it is to manage finances correctly.
We are proud to assure our clients there are no mark-ups or hidden costs when it comes to property expenditure and invoicing.
The cost our clients pay is the cost of the invoice – no more, no less.
Like many other property management companies, we may take a commission for the arrangement of Insurance policies or Utility contracts but these will always be disclosed to our clients.
It is crucial for us to have our client’s complete trust with their finances and we go to great lengths to prove how much we value the responsibility of doing so.
Financial Services at a glance...
Our finance management services include the following aspects: –
- Service Charge & Reserve funds held in separate, dedicated trust bank accounts
- Robust arrears chasing / Credit Control
- End of Year Service Charge Accounts
- End of Year Company Accounts
- Easy to understand Service Charge statements
- Service Charge Budgets
- Service Charge
- Invoices (demands)
- Supplementary / Interim Invoices (demands)
- Ground Rent Collection
- Quarterly Financial Reporting
- Bank Statements
- Live Bank Balances
- Supplier payment screening
- Commercial Rent collection
- Tenant Portal
- Online payments
- Service Charge payment plans