Our team
Helping you keep service charges fair, transparent and compliant - so you can focus on managing your properties and prosper.
Clear, compliant and well-managed service charge accounts are essential for maintaining trust, transparency and smooth relationships between landlords, managing agents and leaseholders. At UHY, we support property owners and managers with specialist service charge accounting services that reduce risk, meet regulatory requirements and free up time to focus on what matters most.
We already work with a wide range of residential, commercial and mixed-use properties, helping clients manage service charge responsibilities with confidence. Our approach is practical, proportionate and tailored to your specific property and lease arrangements.
What are service charge accounts?
Service charge accounts set out how shared property costs are collected, managed and allocated between occupiers or leaseholders. They are a key part of ensuring transparency, fairness and compliance, and are often required under the terms of a lease or management agreement.
Service charge accounting can be complex, time-consuming and often under scrutiny. We take the pressure off by providing clear, independent and robust service charge accounts and reviews that stand up to challenge and support good decision-making.
Whether you are a landlord, managing agent, developer or residents’ management company, our team works alongside you to deliver clarity, compliance and peace of mind.
Helping you prosper
Service charge accounting can be complex, time-consuming and often under scrutiny. We take the pressure off by providing clear, independent and robust service charge accounts and reviews that stand up to challenge and support good decision-making.
Whether you are a landlord, managing agent, developer or residents’ management company, our team works alongside you to deliver clarity, compliance and peace of mind.
Our service charge services
We provide flexible support depending on your needs, including:
- preparation of annual service charge accounts
- independent accountant’s reports in line with lease requirements
- review and audit of service charge accounts
- income and expenditure statements
- balancing statements and supporting schedules
- support for residential and commercial service charge arrangements
- advice on lease provisions and accounting treatment
- liaison with managing agents and other professional advisers
Our team understands the differences between service charge accounts and statutory company accounts, and we ensure each is prepared in line with the correct legal and professional requirements.
Residential and commercial expertise
Residential and commercial service charge requirements can vary significantly between residential and commercial properties. We have experience across both sectors and understand the different expectations, guidance and practical challenges involved.
For residential properties, we support compliance with the Landlord and Tenant Act and related guidance, ensuring leaseholders receive clear and timely information. For commercial properties, we work within the terms of the lease to provide transparent and well-supported accounts that meet occupier and landlord expectations.
A practical, collaborative approach
We know that no two properties or clients are the same. That’s why we take time to understand your structure, systems and pressures before tailoring our approach.
We work efficiently, communicate clearly and keep things proportionate. Our aim is not just to meet the technical requirements, but to make the process as smooth and straightforward as possible for everyone involved.
This service is led by experienced specialists, including Marc Waterman and Salima Visram, who bring deep knowledge of service charge accounting and the wider property sector. They work closely with clients to provide trusted advice and reliable delivery.
To find out more about how our service charge services can support you, please contact one of our specialists at your nearest UHY office or complete our contact form and we will be in touch.
