BlockHub52 (Page 1)

What Service Charges Can (and Can't) Legally Be Spent On

What service charges can and can't legally be spent on for UK residential blocks: the three tests, what's typically recoverable, and where directors get caught out.

Reserve Fund

Reserve Fund vs Sinking Fund: How Much Should Your Block Hold?

Reserve fund vs sinking fund for flats: are they different, does your lease allow one, and how much should your block actually hold? A plain-English director guide.

RTM

RTM vs RMC: What's the Difference and Why It Matters

RTM and RMC sound the same but they're not. A plain-English guide to where each gets its powers, and what that changes day to day.

Service charge accounts explained for self-managing RTM directors

Service Charges

Service Charge Accounts Explained: What Every Director Must Get Right

A plain-English guide to service charge accounts for self-managing RTM directors. What the law requires, how the money is held on trust, and the mistakes to avoid.

RTM director personal liability, BlockHub52 guide to what UK Right to Manage directors are responsible for

RTM

RTM Director Personal Liability UK: What Am I Responsible For?

RTM directors in the UK carry personal legal liability, even with a managing agent in place. Here is what you are responsible for and how to stay protected.

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I write about the things that are important to directors of self-managing blocks in England and Wales. Service charges, Section 20, reserve funds, the compliance calendar.

The newsletter is in plain English with no jargon. It is written to help directors without accounting or legal expertise manoeuvre around the legal and financial side of running a building, and it always points at the legislation behind it so you can check for yourself.

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