[Jane Edwards]

It’s great that we help each other especially in complex areas like WMC/MMC and service charges, valuations, UC/HB Affordable/Social rents never mind the various regulators and legal requirements. It is not easy for clerks or Trustees so well done us! 🥳

[Jane Edwards]

Is MMC monthly maintenance contribution? Are you registered with regulator? I assume not. We took the view quite some time ago to charge the maximum possible and for residents to claim HB or UC otherwise you are effectively subsidising the local authority. If self funding residents struggle we make sure they can apply to us for grant which means we check their financial position otherwise how do you know they cannot afford to pay? It’s not easy but good luck!
Jane, Berkswell

[Jane Edwards]

This matter is most confusing isn’t it? I rather think local authorities each have their own way of dealing with what constitutes a service. Further, we understand a service charge can only be charged if a social rent (wmc) is in place rather than an affordable rent, the method of calculating wmc increases being different for each, of course. We would be interested to get to the bottom of this if indeed a bottom can be located!
Jane
Berkswell Charities

[Author]

Posts