Set a block's service charge budget

Costs, reserve fund and consultation, sent to leaseholders before the year starts.

1. Get last year's actual costs
2. Get quotes for cleaning, gardens and lifts
3. Get the insurance renewal estimate
4. Draft the budget and reserve fund
5. Check if any works need a section 20 consultation. Most people forget this: Without section 20 notices you can only recover 250 pounds per flat for major works
6. Approve the budget (Property manager signs off)
7. Send demands with the summary of rights and obligations
8. Share the budget with the residents association

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