Fund Collection

When MLM take over the management of a new building, we evaluate the lease to ensure that the collection of all funds is carried out legally as per the terms of the lease.

We will prepare and agree with the client a service charge budget of the following years anticipated expenditure and will send requests for payment (Demands) as per the agreed budget all leaseholders.

All funds are held in trust and kept in separate interest bearing bank accounts under the strict regulations of the Royal Institute of Chartered Surveyors and are guaranteed and protected by the Royal Institute of Chartered Surveyors clients’ money protection scheme.

Fund Collection

Michael Laurie Magar Ltd Premiere House, Elstree Way, Borehamwood, Hertfordshire, WD6 1JH

T: 020 8492 9850  |  F: 020 8492 9851  |  E: