Savings for Clients
Value for money - to us this means more than just competitive tendering. Adding value is about using expertise and creativity to save or to set a strategic path to deliver an outcome. This page is dedicated to Ringley hero’s who have saved their Clients' money.

Saved £35,000

Cuthberts
How did we do it?
We inherited this 4 flat block with 1 flat owing over 42K service charges which several previous Agents had failed to collect. Ringley Law settled the case delivering over 35K.

Saved £30,000

St Dunstans
How did we do it?
Ringley took over the management of a multi-block site in 2011 and as part of the handover, Ringleys inherited phase one of a two phase external refurbishment scheme from another Chartered Surveyors. Ringleys managed the project in 2013 and managed to save approximately £30,000 by carefully tendering and administering the contract.

Saved £30,000

Lymington Court
How did we do it?
The developer's budget failed to match all allowable service charge items in the Housing Association transfer. We went back and collected 6 years extra expenses - some £30,000.

Saved £29,000

Preston Hall
How did we do it?

There was a discovery by the insurance company that there was lightning conductors on the roof that were not connected and as such lightning strikes and the resultant damages were not to be covered by the insurance. A quote was obtained at £23k+ VAT excluding project management fees and contingency for the complete removal of the lightning rods on the roof and the strapping across the building. With a lot of research and hard work it was discovered that there was no mention in the CDM files about the lightning conductors and the developer was not able to present the paperwork to show the risk had been assessed and was acceptable. As such the developer was given the opportunity to remove the rods and satisfy the requirement and safety guidelines or the costs of the works would be recharged to them.

The developer agreed to instruct their own company and undertook the works and presented the certificates to show that the works had been completed and thus saving the site just over £29k.

Saved £23,732

Saxon Hall
How did we do it?
Wrongly billed electricity cost

Saved £21,204

Geneva Court
How did we do it?
£21,204 saved on insurance. Having claimed the right to manage the residents finally could insure themselves. Past poor claims management, claims left open for years were problems. We sped up valid claims, shut spurious claims. Put a proposal together and delivered a result.

Saved £20,000

Anaconda Cut
How did we do it?

The asset management team undertook an invoice utility analysis where it came to light that the previous agents had paid 20% VAT rather than 5% over the last five years. A VAT declaration was completed and the overpayment on VAT was returned to the client account.

Saved £17,849

Worsley Grange
How did we do it?
After taking this site over from another well known Agent we analysed rising water costs and current usage. We negotiated a back claim some 4 years and achieved a refund of £17,849.57.

Saved £17,000

One Lampton
How did we do it?

The Asset Management team saved the client £17,000.00 this month by ceasing the contract with the outsourced cleaning company. No jobs were lost as the cleaners an opportunity to join the site staff cleaning team. 

Saved £15,000

Bow Square
How did we do it?

The asset management team undertook an invoice utility analysis where it came to light that the previous agents had paid 20% VAT rather than 5% over the last five years. A VAT declaration was completed and the overpayment on VAT was returned to the client account.

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