Page 20 - Riverside Quarter Proposal

Riverside Quarter | Request for Information
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■ It is important to us that we understand your fee structure. We would like to know what is paid for by the service charge, what is a cost to be paid by the landlord, and what is to be paid for by the leaseholder in addition to the service charge.
Fee Structure
Item
Cost (net)
Payment Responsibility
Comment
Management Fee
£177,444
Service Charge
Computation of net management fees pa as follows:
Totals
£140,140 £10,270 £6,880 £15,654 £4,500
Private £245 Affordable £65
Car Parking £10 Commercial 0.40p/psf Moorings £4,500
Please note no fees will be charged to FPUK in relation to void residential or commercial units, so the current management fee pa will be lower than the totals quoted above
Sales Packs inc LPE1
£275
Vendor lessee via solicitor
Please refer to tariff sheet for remortgages and express service
Consent for pets
£50
Lessee
Consent to sublet
£75
Lessee
If any lease prescribes a different figure, this will be charged
Licences for Alterations
£200-450
Lessee
Depends on the scope of works, complexity, supervision and management requirements, and external consultant interaction
Issue S20 notices
£7
Lessee
Cost per notice per apartment
Recruitment fees
Between 10-15% of salary
Service Charge
HR Administration fees
£1000
FPUK
The cost is a one off set up fee. There would be no ongoing HR Administration Fees
TUPE advice and consultation
NIL
If staff are to be TUPE’d the full process will be undertaken at no cost
Staff Training
Costs will vary according to the course and certification required
Service Charge
All external training will be charged at cost, and will require client approval prior to being incurred
SIA Licencing administration
NIL, as included in training cost
Mainstay are ACS accredited
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