Life Property Management - Maintenance Funds
Many of the developments lpm manage have a Maintenance Fund in place. This is a separate fund, which each homeowner on the development contributes to, on a regular basis.
The main purpose is to ensure that funds are in place to carry out any planned future maintenance works, such as stairwell decoration etc. This fund can help reduce the financial impact of any large unforeseen works and is an effective way to plan and budget for the expense of large scale works.
Should you wish to find out more about setting up a Maintenance Fund at your development, please contact email@example.com
lpm Doing it the right way