At BPMS Ltd we understand that full disclosure in all financial matters of the development is important.  The Directors are given a full breakdown of the expenditure in the Annual Service Charge Accounts, to allow them to fully interrogate the accounts.  Once the accounts have been agreed and signed by the Directors, leaseholders are also sent the breakdown to ensure everyone is provided sufficient information to understand the costs incurred in running the development.  With this in mind Directors are sent regular financial reports including Expenditure vs Budget, Debtor Payments.  We are also happy to provide Directors internet access to the bank account to view the bank balances and transaction being made. 

The developments receive regular site inspections by the development manager (the minimum visit ratio is once every quarter).  This allows the manager to get a good knowledge of the development, its layout and any potential issues. This alongside the close working relationship with the maintenance contractors means that the developments look their best.