What’s Included?
Our Financial Services Package can be tailored to the needs of your development and typically includes:
Get Total Control with our Professional Financial Management Package.
Professional accounting, budgeting and financial administration for resident-led developments, RTM companies and self-managed blocks.
Sterling Estates Management
Hello, how may I be of assistance?
RTM Director (Verified)
We’re self-managing our block, but the accounting and annual service charge reporting are becoming difficult to keep on top of. Can you help?
Sterling Estates Management
Absolutely. We can take care of budgeting, bookkeeping, service charge accounting, Companies House administration and financial reporting, giving directors complete visibility without the day-to-day workload.
RTM Director (Verified)
That’s exactly what we’re looking for.
Professional Directorship Services for Resident-Led Blocks
Learn more of the benefits.
While most of our clients benefit from our full property management service, some prefer to retain direct control over the day-to-day operation of their building. This is particularly common among Resident Management Companies (RMCs), Right to Manage (RTM) companies, and freehold-owning leaseholders who wish to remain actively involved in managing their development.
For these clients, we offer a dedicated Financial Services Package, providing all the financial expertise and regulatory oversight of a professional managing agent, without taking over the day-to-day management of the block.
We work behind the scenes to ensure the financial affairs of the development are managed accurately, transparently and in full compliance with statutory requirements, allowing directors and residents to focus on the practical running of their building with confidence.
- Preparation and issuance of annual service charge budgets
- Service charge collection and credit control procedures
- Cash flow management and financial forecasting
- Administration and maintenance of reserve and sinking funds
- Operation of dedicated client bank accounts
- Management of accounts payable and accounts receivable
- Processing supplier payments and contractor invoices
- Expenditure approval workflows tailored to your company’s requirements
- Preparation and distribution of year-end service charge accounts
- Regular financial reporting, including:
- Income and expenditure statements
- Debtor and creditor reports
- Cash flow forecasts
- Reserve fund position reporting
- Administration of ownership changes and leaseholder records
- Regulatory compliance and financial governance support
- Ongoing liaison with directors and residents regarding financial performance and planning
+3.5K Units Managed
Supporting Resident-Led Management
We understand that many RTM and resident-managed developments wish to remain closely involved in decision-making. Our role is to provide the professional financial infrastructure that supports effective management, whilst ensuring funds are handled correctly, records are accurately maintained, and reporting remains transparent.
In addition to financial administration, we are always happy to provide practical guidance and professional advice to directors and residents whenever required.
