Ringley estate management
Money Manager
Pay by DD Direct_debit
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Director

You can pay by Bank Transfer or Direct debit

Your service charge due is made up of 2 funds:

  • Service Charge for day to day expenses, and
  • where the lease allows a reserve fund.

Service charge outstanding balance   £123.00 Cross
Reserve fund outstanding balance   £0.00 Tick

How to Pay

There are 2 ways you can pay your service charges

To pay by Internet bank transfer send your payments to:

Bank: Barclays Bank
Sort Code: 203237
Account Number: 73140563
Account Name: Ringley Client Account
Don't forget to quote your ref 0000s/001

Having difficulty paying?

Nobody at Ringley has authority to agree to payment plans. Asking us to agree to a payment plan would put us in breach of our appointment and also would be a breach of the covenants you signed up to when you bought the property (you promised to pay within 21 days of the due date).

If you need more time to pay please download the ‘Financial Difficulty Form’ below and Ringley Law can help you with applying to get a further advance from your mortgage company

Click here to download the Financial Difficulty Form

Call to make payment.

Friendly_customer_team Pay_by_phone 020 7428 2059
020 7428 1996
By phone we can set-up a Direct Debit if you have a zero balance.

Having difficulty paying?

Nobody at Ringley has authority to agree to payment plans. Asking us to agree to a payment plan would put us in breach of our appointment and also would be a breach of the covenants you signed up to when you bought the property (you promised to pay within 21 days of the due date).

If you need more time to pay please download the ‘Financial Difficulty Form’ below and Ringley Law can help you with applying to get a further advance from your mortgage company

Click here to download the Financial Difficulty Form

Pay by Direct Debit (you need a zero balance 1st)

Frequently asked Questions

Why can't I set up Direct Debit to clear my balance?
Setting up a Direct Debit for service charge is a little different as when it comes to service charge, the Direct Debit needs to take into account the terms of your lease. I.e, to ensure charges are paid by the next due date. This is why we cannot just take what you owe today and spread this balance over 12 months.

If you have arrears, we cannot put your arrears on DD because your arrears are already due and we cannot set up a DD that would breach the payment covenant in your lease. You will need to make a catch up payment first.

Will my DD stay the same each month?
No, we recalculate all DD’s every month as other charges may have been added and need to be taken into account, for example:
  • A balancing charge – may increase or reduce your DD. Where an amount changes due to a balancing charge we will have sent you a copy of the accounts with an explanatory letter.
  • New budget – So unless the new budget is identical to last year's, your DD will change.
  • Keys or admin charges – we will review your DD to reflect any additional charges added to your account.
  • When we are awaiting budget sign off – if this is the case our system looks at the last 12 months charges due and extrapolates this forwards until a new budget is applied.
Set up a Direct Debit now

The Direct Debit Guarantee

Direct_debit_logo

This Guarantee is offered by all banks and building societies that accept instructions to pay Direct Debits

If there are any changes to the amount, date or frequency of your Direct Debit Ringley Ltd will notify you 10 working days in advance of your account being debited or as otherwise agreed. If you request Ringley Ltd to collect a payment, confirmation of the amount and date will be given to you at the time of the request

If an error is made in the payment of your Direct Debit by Ringley Ltd or your bank or building society you are entitled to a full and immediate refund of the amount paid from your bank or building society

If you receive a refund you are not entitled to, you must pay it back when Ringley Ltd asks you to You can cancel a Direct Debit at any time by simply contacting your bank or building society. Written confirmation may be required. Please also notify us.

Having difficulty paying?

Nobody at Ringley has authority to agree to payment plans. Asking us to agree to a payment plan would put us in breach of our appointment and also would be a breach of the covenants you signed up to when you bought the property (you promised to pay within 21 days of the due date).

If you need more time to pay please download the ‘Financial Difficulty Form’ below and Ringley Law can help you with applying to get a further advance from your mortgage company

Click here to download the Financial Difficulty Form

Can I pay by standing order?

Ringley do not support standing order payments for service charges or ground rent because

  1. If you pay on standing order say the 1st of month we don't get Bank statement until the end of the month,
  2. We then have to reconcile perhaps 500 statements a month. You could therefore appear to be in arrears incorrectly and we may start taking credit control action against you as we work on a 90 day credit control cycle and action has to be taken during the month before the bank statements are received
  3. We operate individual client accounts for each and every site and we do not have the resources within the fee we receive to phone banks every day or check on-line to see who has paid into the bank or what standing orders have been received prior to the month end reconciliation. We do offer direct debit facilities which ensure the funds are electronically posted to your ledger within 72 hours.

Having difficulty paying?

Nobody at Ringley has authority to agree to payment plans. Asking us to agree to a payment plan would put us in breach of our appointment and also would be a breach of the covenants you signed up to when you bought the property (you promised to pay within 21 days of the due date).

If you need more time to pay please download the ‘Financial Difficulty Form’ below and Ringley Law can help you with applying to get a further advance from your mortgage company

Click here to download the Financial Difficulty Form

Now legislation prevents us passing on card charge fees regrettably we are no longer able to take credit card payments. This is because service charges are monies due for the upkeep of the buildings, not fees to Ringley, and it is inappropriate for us to be expected to subsidise payments.

Bank transfer or direct debit is now the norm so please consider which of these methods is right for you.