Want to Save Your Block Money? Here’s How Proppa Does It
Running a small block of flats isn’t cheap. But too often, residents end up paying more than they should. It’s not just the managing agent fees that bite over-priced contractors and fund mis-management all push up service charges.
Even with the best of intentions, service charge money is not the agent’s money and is used flippantly. The good news is that with a bit more control (and the right tools), blocks can save hundreds each year without cutting corners. Here are three of the biggest areas where money gets wasted, and how Proppa helps put it right.
Management fees
The average management fee per flat in the UK is £261 a year, in London it is likely north of £400 a flat.
How Proppa helps: Proppa will only cost £120 a flat a year. It handles the admin while you decide the fixes – helping you manage your home like an agent and save the block hundreds of pounds.
Paying over-priced contractors for simple fixes
We’ve all heard the horror stories: £120 for a contractor to replace a lightbulb, £200 to for an electrician to flick a fuse, £300 to clear some gutters. Too often, managing agents call in a contractor even when the job is straightforward and they don’t shop around.
How Proppa helps: With Proppa, residents choose what really needs professional help. Some jobs can be done by a neighbour or on-site handyman or put several jobs put together for one invoice, saving you from needless or repeat call-out charges.
No visibility on spending
One of the biggest frustrations for residents is not knowing where the money goes. You pay your service charge bills, but the day-to-day decisions behind them are a mystery. That lack of transparency often leads to overspending on things residents don’t value – or worse, things they never asked for, you can’t predict unexpected costs but you can avoid unnecessary ones.
How Proppa helps: Proppa makes every transaction visible. Residents can see where the money goes and approve spend before it happens. No mystery invoices. No surprises.
Smarter choices. Fairer costs.
Saving money isn’t about cutting corners. It’s about giving residents control to make better decisions. With Proppa, small blocks can manage smarter, spend less, and feel confident about where their money goes.
Ready to make your block’s money work harder? Join the Proppa waitlist today.