Fund Management & Budgeting

  • Careful and considered fund management and knowledgeable budgeting are key to the smooth running of your property. Although not always possible, we try to encourage leaseholders to contribute towards a Reserve Fund for when major works come round. That way, large unexpected bills can be avoided.
  • Setting the annual budget and managing the building’s cash flow is all part of the service at SBA. All our surveyors are highly experienced in the running of the day-to-day contracts and also looking further forward to long-term planning for the cyclical work required at your property.


expert planning

We work with Chartered Building Surveyors to identify major works and other large-scale expenses that need to be budgeted for. Our standard practice is to arrange a 10-year capital expenditure plan.


in the loop

We consult widely with residents, to make sure everyone is in the loop before any financial commitments are made and they can see why reserves are being collected.


simple reporting

We offer flexible and easy access to your budget reports and provide regular updates on how the budget is performing against actual spending. For example, our quarterly newsletters to flat owners feature a straightforward Budget vs Actual bar chart.


legal compliance

You’ll receive an annual Statement of Accounts, to ensure full compliance with legal obligations under the Landlord and Tenant Act 1985/87.