Savings for Clients

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More than £3,640,143 saved so far

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.”

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Geneva Court

Saved £58,444

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.

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Stourcliffe

Saved £59,151

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.

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Anaconda

Saved £61,138

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

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Cunningham court

Saved £67,000

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

Anderson Heights

Saved £100,000

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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Millharbour

Saved £128,000

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.

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Stourcliffe

Saved £129,000

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.

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Prospect Place

Saved £190,218

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.  

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Eccleston Road

Saved £200,000

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.

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Preston Hall

Saved £266,000

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.

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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 £58,444

saving for clients

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 £59,151

saving for clients

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

saving for clients

Anaconda
How did we do it?

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

Saved £67,000

saving for clients

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

saving for clients

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

saving for clients

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

saving for clients

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

saving for clients

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

saving for clients

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.

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