I am having trouble opening a bank account for the service charges for the building that I am freeholder for.
It is a small building with 3 leasehold residential flats, and the freehold is held by my LTD company that owns One flat and the personal name of the owner of the other flat. Flat 3 remains a leaseholder.
I do not feel we require the services of a managing agent for such a small property and am trying to make arrangements to manage the freehold personally to reduce costs.
However, the set-up of the bank accounts for the service charges and reserve fund is proving difficult..
Has anyone any advice or contacts that can assist in setting up these account (s) please?
thank you
It is a small building with 3 leasehold residential flats, and the freehold is held by my LTD company that owns One flat and the personal name of the owner of the other flat. Flat 3 remains a leaseholder.
I do not feel we require the services of a managing agent for such a small property and am trying to make arrangements to manage the freehold personally to reduce costs.
However, the set-up of the bank accounts for the service charges and reserve fund is proving difficult..
Has anyone any advice or contacts that can assist in setting up these account (s) please?
thank you
Comment