What if I don’t have a sinking fund?

All new build properties have a sinking fund set up as a matter of course.

Older properties, particularly those transferred as part of stock transfers from local authorities do not normally have a sinking fund.

This means that no monies have been put aside by homeowners for works that will be required. So, full payment will be invoiced once works have been completed.

Full consultation on the works will be carried out and interest free credit payment options will be available after the final bill is known.