Commercial - Client accounts financial services
Management is a core, well established business at Cluttons and we spend a great deal of time and resource on this function, updating and improving our service delivery continually which puts us at the forefront in our market area.
Our client accounts financial services team delivers the highest level of accuracy and reports to our clients in a prompt and understandable manner.
All accounting is undertaken with due regard to best practice and specifically the Royal Institution of Chartered Surveyors Members Accounts Rules (RICS MARs), Association of Residential Letting Agents (ARLA), Service Charge Code of Practice, Financial Services and Anti Money Laundering Regulations 2004.
In addition to offering an accounting module as part of our full asset management service, we recognise that some clients prefer to manage the day-to-day activities themselves, although would not necessarily like to get involved in the complex and time consuming routine involved in collection of rents or payments to suppliers. With this in mind we can also offer independent accounting functionalities to assist them.
Client accounts financial services
Cluttons has a dedicated team of client accountants dealing with a wide range of services for landlords and tenants alike.
In addition to forming part of our full asset management service (commercial and residential estate management) we also offer an independent accounting service.
Accounting
- budgeting
- collection and transfer of income
- management and charging of interest on late payment
- service charge reconciliations
- supplier/contractor management
- insurance claims management
- overseas landlords fund management
Reporting
- monthly, quarterly or annually
- client statements
- arrears
- income and expenditure
- VAT
- cash analysis/balance sheet
- issuing of any relevant notices to tenants (ie Section 166 Ground Rent Notices)
Benefits
- single point of contact for all financial issues (with integrated buddy systems)
- dedicated teams of specialists available for all areas mentioned above
- negotiating with surveyors, landlords, solicitors with consistent non payment
- over 350 years combined property accounting experience within the team
- dealing with suppliers payments, queries and statement reconciliations
- dealing with tenant queries and producing rental reconciliations
Our accounting service is tailored to meet individual requirements.