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 £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 £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 £59,151

Stourcliffe
How did we do it?
Ringley took over Stourcliffe from D&G when owners were faced with spiraling service charge costs and threats from the Portman Estate over dis-repair. Ringley reduced the day-to-day service charge cost by over 20% - £59,151 by reviewing all contracts and re-tendering.

Saved £58,444

Geneva Court
How did we do it?
We took over this bankrupt RTM company from Peverel with no cashflow, spiralling budgets and huge deficits. Within 3 months of handover through negotiations and building trust with owners we delivered sufficient cash to keep trading, and ring fenced the reserve funds so they were not robbed also.

Saved £41,000

Geneva Court
How did we do it?
Ringley worked closely with Genesis Housing to secure additional contributions to the service charge pot of £41,000 within the first 3 months of being appointed. Something that simply seemed beyond our previous Agent.

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 £13,000

Geneva Court
How did we do it?
After an era of over charging and wrongly charging by Peverel. The previous managing agent Peverel paid bills in error to EDF. We went to the Ombudsman and managed to get a refund of 13k from them.

Saved £12,935

Cunningham Court
How did we do it?
Ridding this block of an expensive Freeholder's Agent saw their management fees reduce by £12,935 per annum, a wopping £404 per flat.

Saved £11,586

Saxon Hall
How did we do it?
£11,586 saved on the buildings insurance premium. Quite simply Ringley don't take huge commissions or hype premiums. We prefer to pass savings onto Clients. That way we have more happy Clients.

Saved £8,161

Cunningham Court
How did we do it?
Ringley negotiated that TUPE did not apply. The porter previously served 2 blocks and we argued that as his staff facilities were in the other block that TUPE did not apply on either a full time or part time basis.

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