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 £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 £61,138

Anaconda
How did we do it?

TUPED cleaning and maintenance staff to direct payroll to save on 3rs party costs

Saved £67,000

Cunningham court
How did we do it?
Cunningham court How did we do it? After taking this site over from another well known Agent we analysed the service charges paid to the freeholder and brought proceedings on behalf of leaseholders resulting in a settlement under which the freeholder repaid £67,000 in respect of 5 years service charges

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

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 £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 £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 £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 £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 £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.

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