Pay Annual Fees and Rent

 

Payment can be made by:

Internet Banking

Payment by internet banking is the preferred option.

Account: Ripit Ltd (Knights Grove)

Details of our Bank Account can be found below

 

Cheque

If you wish to pay by cheque please email admin@knightsgrove.co.uk

 

5% Discount

If you register to receive correspondence by email and pay your account in full by the end of January you will receive a 5% discount on your annual maintenance charge.

 

Monthly Standing Order

You can spread the cost of your annual management charge over twelve months by setting up a monthly standing order for one year. You will need to set up a standing order each year because the annual management fee is likely to change.

 

Change your Standing Orders

Because the Management Company changed accountants and bank accounts in July 2022 you need to cancel any standing orders set up previously and set up a new standing order to the new bank account.

Account: Ripit Ltd (Knights Grove)

Bank: Metro Bank plc

Sort Code: 23-05-80

Account Number: 41798262

 

Ground Rent for Leaseholders in flats

The Management Company act as rent collectors for the freeholder of the land.

In accordance with your lease ground rent has to be paid in two equal parts in advance on 1st January and 1st July.

Ground Rent can’t be paid by monthly standing order.

Payments must be received within 21 days of the date of invoice.

The 5% discount for prompt payment does not apply to Ground Rent.

Please note that the Ground Rent is kept in a different bank account to the management fee as this money is not owned by the management company.

 

Knights Grove (North Baddesley) Management Company

Unit 6 Basepoint

Andersons Road

Southampton

SO14 5FE