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 £510,000

Millharbour
How did we do it?

We negotiated away a £510,000 gas bill relying on National Grid failings, a meter change/inadequate readings and dual billing with an nearby block. We argued the supplier had a duty of care not to allow a bill to become unreasonable and to adequately notify charges, both they failed to do.

Saved £467,275

Avante Court
How did we do it?

Ringley has been working very hard with the Directors on fire safety and at this one site there was several issues identified as defects in the fire safety at the property. After engaging specialists in their respective fields the Property Manager lead several contractors and a Fire Enforcement Agent to create a list of works and persevered with the Fire Brigade to prevent the need for a wake and watch. After having the works laid out and a claim starting with the Building Safety Fund the Directors and Ringley documented every invoice, decision, observation and alteration of the works to create an audit trail of the works and why there were required.

Subsequent to this the Developer engaged with Ringley to take ownership of the defects and after careful examination of all the documents and actions taken by the Property Manager and the Directors have agreed to reimburse the owners for funds that they have had to pay out for the remedial works to be completed.

These works total £467,275.64 which is now going back to the site and to be credit to the owners.

Saved £374,000

Mundania Court
How did we do it?

This collective enfranchisement group had all but given up hope. Then they met Ringley. Ringley led them to save £374,000 and get them the freehold saving them £569,000 against the Freeholders Notice and £374,000 against the best their previous Solicitor and Valuer could manage. The issue boiled down to the value of 4 telecoms masts. Ringley put together a case based on the diminishing long term value of roof masts due to mergers and reducing space requirements.

Saved £298,000

Stourcliffe
How did we do it?
Ringley inherited rather a lot when this RTM took over; the Portman Estate was part way through trying to either dispossess the headlessee or to require them to immediately effect over £2M works to windows, roof, rainwater goods, decorations.... What hurt lessees the most is that there were only 9 years left on their leases. Ringley reviewed every aspect of the schedule of works and what was 'reasonable repairs' bearing in mind there were just 9 years left on the lease, and where replacement or renewal could not be defended. Through diligent research and careful procurement we managed to save the client just under £250,000 + Vat by specifying different methods/materials and repair not renewal where possible as well as sourcing an alternative window supplier.

Saved £266,000

Preston Hall
How did we do it?
We provided a range of valuation advice from the cheeky to the realistic to help this block buy their freehold and our sister company Ringley Law duly served notice. Ultimately through somewhat protracted negotiations and modelling of values per sq ft, indexing new build values yielded and challenging other variables we achieved a £170,250 saving on the Freeholders' position.

Saved £200,000

Eccleston Road
How did we do it?
We used cherry pickers (instead of having scaffolding) to gain access to the vast majority of 6 blocks, with the tallest block being 7 storeys above ground level. By using cherry pickers, we reduced the cost of access by £150,000 + fees + VAT = £200,000.

Saved £190,218

Prospect Place
How did we do it?

Utilities used by Bellway Homes for their cladding remedial works, without payment for 3+ years were quanitied with the Board, pursued, justified, negotiated and invoiced to Bellway Homes.  

Saved £129,000

Stourcliffe
How did we do it?
In excess of £129,000 recovered in Autumn 2016 almost 50% of the long term debt inherited on this site including 2 seriously old debts at over £35K and £45K respectively.

Saved £128,000

Millharbour
How did we do it?
When 3 experts recommended mechanical cooling to deal with common parts temperatures of 32.3 degrees celcius Ringley introduced passive ventilation techniques. Temperatures have reduced by up to 6.8 degrees celcius, £128,000 was saved against mechanical options, with no expensive plant to maintain.

Saved £100,000

Anderson Heights
How did we do it?
Ringley Law was successful in recovering service charge arrears from a leaseholder who had maintained for over 10 years that their property was in disrepair. Ringley Law defended the counterclaim in excess of £100,000 brought by the leaseholder and by working with an expert witness and instructed Counsel, was victorious at trial. The judge’s award included over £10,000 of interest and nearly all of the Claimant’s costs

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