Property Management
Residential Service Charge Management
Transparent, Fair & Cost-Effective Property Management
At MGI Management, we provide a smarter, more transparent approach to residential service charge management. Whether you’re a freeholder, leaseholder, or residents’ association, we ensure service charge budgets are managed efficiently, fairly, and with full financial clarity.
Our goal? To keep service charges reasonable and sustainable, while maintaining properties to the highest standards—helping residents enjoy well-managed homes without unnecessary costs.
What
We Do
We take the stress out of residential service charge management by ensuring all aspects of financial and property upkeep are handled professionally and transparently. Our services include:
Accurate Budgeting & Cost Management
We create realistic, well-planned budgets that align with lease agreements and industry best practices.
Client Account Holding for Transparency
Unlike many managing agents, we keep service charge funds in dedicated client accounts, ensuring financial security and accountability.
Clear & Accessible Financial Reporting
We provide easy-to-understand financial reports so leaseholders know exactly where their money is going.
Cost Reduction Without Cutting Corners
We work proactively to reduce unnecessary expenses while ensuring the property is well-maintained.
Expert Advice & Leaseholder Support
We assist leaseholders and landlords with clear, fair guidance on service charge-related issues.
A Different
Approach
1. Transparent Financial Management
Many managing agents operate without clear financial separation. We hold service charge funds in dedicated client accounts, ensuring complete transparency and compliance. Every penny is accounted for, giving leaseholders and landlords confidence in our financial integrity.
2. No Hidden Fees – We Only Earn Through Our Management Fee
Unlike some providers, we don’t profit from inflated service charges. Our income comes from a fixed management fee, that is not linked to a % of the budget, meaning our focus is on keeping costs fair and reasonable, not finding ways to charge more.
3. Lowering Costs Without Compromising Quality
We actively seek out opportunities to optimize service charge expenses, negotiating competitive supplier contracts and identifying cost-saving strategies like energy-efficient solutions. This ensures residents pay a fair price while maintaining high living standards.
4. Trained Surveyors & Property Experts on Our Team
Unlike many property managers, we have RICS-trained surveyors who understand both the financial and physical aspects of property management. This means we make data-driven decisions that protect both the residents’ interests and the property’s long-term value.
Helping Leaseholders
& Freeholders Stay Competitive
As leaseholders become more concerned about rising service charges, it’s crucial for freeholders and landlords to manage costs effectively and transparently. We work to ensure that service charges remain fair, justifiable, and well-managed, while keeping properties in excellent condition. By striking this balance, we help you retain residents, protect your investment, and stay competitive in an ever-evolving property market.
Contact us today to find out how we can help you reduce costs while maintaining the quality of your residential property.
Additional Property
Management Services
Commercial Service Charge Management
We provide expert Commercial Service Charge Management, ensuring transparent budgeting, compliance, and cost efficiency for landlords, tenants, and property owners across commercial developments.
Block Management
Our Block Management services ensure seamless maintenance, compliance, and financial management, delivering well-managed environments for residents and property owners.