Frequently Asked Questions
FAQ groups:
- General (44)
- Freehold purchase and collective enfranchisement (36)
- Lease extension (22)
- Right to manage (22)
- Service Charges, Reserve Funds, Ground Rent, Direct Debits, Credit Control (20)
- Legal, Rules, Regulations, Memorandum & Articles, Lease Covenants, Management Agreement (10)
- Leasehold service charges and reserve funds (7)
- Leasehold ground rent (6)
- Leasehold (6)
- Contractors, Maintenance, BACS (6)
- Leaseholder Disputes, Complaints Procedure, Breach of Lease, Response Times (5)
- Banking (5)
- Insurance, Insurance Claims, Loss Adjuster (5)
- Disputes (4)
- Budget (4)
- Client Money, Interest, Bank Accounts, Client Accounts (3)
- Service Charge Budget, Reserve Plans, 10 Year Plans, Major Works (3)
3 frequently asked questions in Client Money, Interest, Bank Accounts, Client Accounts:
- How do Ringley hold Clients' service charge monies?
- Clients' service charge money would be kept in a discreet client account in which only monies from your blocks would be deposited.
- How are Client bank accounts at Ringley managed?
- All bank accounts are administered to the RICS Rules and Regulations and one of our standard processes controls bank reconciliations which are performed by the end of the full week period following.
- What bank charges are leaseholders charged?
- None provided the account is held in credit. Running 1 Client account is included within Ringley's management fee.
Important Note: We aim to provide a bespoke and transparent service to each of our clients. To do this, we may not provide certain restricted legal services by ourselves and we may need to sub-contract specialised and regulated solicitor firms.
