About Us
Serv-Us.Com is a nonprofit project inspired by leaseholders' experiences with exploitative schemes by landlords and management agents. The site was created after its founder successfully represented himself at the First Tier Tribunal (FTT), resulting in the repeal of approximately £500,000 in disputed service costs over a three year period. The portal aims to provide leaseholders, stakeholders, and the government with tools to enforce necessary changes to the current system. It addresses the inadequacies and limitations faced by leaseholders within the existing legal framework. By efficiently highlighting and quantifying leaseholder concerns, it is possible to address these issues with the relevant authorities. This approach is essential for challenging and improving the current status quo.
Vision
The vision is to provide a cost-effective evaluative service dedicated to residential leaseholders. Providing an efficient consolidated feedback mechanism to the regulatory bodies, legal, tax etc. to recognise and implement the necessary changes.
The project is currently under development. Feedback is appreciated.
Objectives and Deliverables
Overall Objectivity – Reasonableness, transparency, accountability
Provide a costs effective tool: Which will enable Financial and non-financial leaseholders across the country to costs effectively appraise automatically highlight inconsistencies in the financial information provided by their Landlords / Management Agents.
How
Intra- Account Using comparative evaluation of the information provided, in conjunction with the parameters of the apartment; the Leasehold Complex;
External - Market available data for services, and the geographic location, employing AI in conjunction with the parameters of the apartment and the estate associated costs..
Output
Individual Leasehold apartment - Identify anomalies and integrity issues in the financial reports provided by Management Agents. Do the numbers make sense?
Automatically perform comparative analysis to highlight concerns for further consultative or legal action.
Auto multi-year trends and inconsistencies - To substantiate the challenge and reinforce Landlords' objectivity in the reporting process.
Cash flow analysis – Evaluate the reasonableness of accounts against implied annual cashflow movements.
Post code and regional evaluation - To evaluate individual case inconsistencies on a postcode and regional basis.
Further benefits
Economize on legal costs action – Through automation of the multi-year financial analysis of the information.
Support for legal action - Provide financial statement evaluations for leaseholders, with or without a Residential Management Association or Right to Manage Company.
Potential to evaluate and rank Service Providers – Management Agents – Value for Money.
To extend this evaluation to Management Agents and Developers themselves.
Cost-effective employment of AI - Automated Financial Analysis using AI to source comparative evaluation.
Wider Scope
Prevent Manipulation of Residents Management Committees (RMCs) - Address concerns that RMCs with 5-10 directors can be influenced by landlords or developers, leading to minimal or non-existent service charges.
Dynamic feedback mechanism for the Landlords and Tenants Act - Through dynamic consolidation of the findings and practices of Landlords and Management Agents reported by Leaseholders.
Comments (1)
jeffnayr
I believe that this is a welcoming idea and would serve the interest of Leaseholders in general across the UK
30/03/2025 02:31
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