After a while, the entrance hall starts to look shabby; potholes appear in the car park and damage your car, that's if you can find your car in the unmanaged undergrowth! You get the picture. And it's not a pretty picture, not one that you want to contemplate because all of these things, no matter how pristine your apartment remains, will impact directly upon the overall value of your home.
National Coverage, lOCAL kNOWLEDGE
To make sure that your development is kept in good order, your locally based Estate Manager carries out regular site inspections. These inspections look at every aspect of your development. The Estate Manager will methodically 'walk through' the whole site, noting any issues that need to be addressed, repairs that need to be done, work that needs to be carried out to maintain your
When moving into your new home it is likely that its situated within a larger building - or in the case of a house, sits on a plot within the development - Either way, all of the 'Communal' areas that surround and support your home (walls, a roof, doors and access ways, corridors. Perhaps a lift or two, water pumps, utilities, services of all sorts. The grounds you look out on, the roads, a car park, possibly powered gates and so on) must be kept in good order. Many of these things are now technically very complex and its important that Trinity Estates deals with the management and the safety of the property you live in.
Service Charge Cycle
Taking Care of Your Property
Service Charge Explained
Service Charge & Ground Rent
Our open, transparent approach to the care and use of your Service Charge monies, includes the production of Annual Accounts, audited by external accountants, that track each and every movement into and out of the 'Trust' Bank Account that we maintain solely for your development. In summary then, with Trinity on the case, you can see exactly how your Service Charge is both safeguarded and spent wisely.
The Service Charge is a regular payment you make into a 'trust' bank account that is managed by Trinity. The monies in this ring fenced account can only be used for the benefit of your development, ensuring that all the 'Communal' elements we identified as requiring some level of maintenance, are looked after properly.
Trinity Provide a number of services added into the service charge to help maintain the look, value and safety of your property. Trinity is governed by a number or professional bodies to ensure you receive an excellent service and care. Let's explain how the Service Charge works ...
Over the course of a year, this cycle of inspection, repair or maintenance, invoice payment, will take place on a number of occasions. Along with more regular payments for contracts for regular work like landscaping or cleaning services, all these actions must be transparent and open.
We'll carefully choose safe contractors who will do the work required, brief them fully, monitor their progress and eventually on presentation of their invoice, pay the contractor directly from your 'trust' bank account.
The Estate Manager will also make note of utility readings. This information will be used back at head office to make sure the charges from suppliers are both correct and apportioned properly.