Hey guys,
I'm new to the forum and looking to learn as much as i can from all the posts etc.
My current situation is that i purchased a unit within a complex. unfortunately due to it being on the oldish side, individual meters are not in play, but rather one meter for the whole complex and upon a meter reading from the council, the costs are divied up between all owners.
Due to this, i currently cannot charge the tenants for usage as i cannot accurately measure their actual usage HOWEVER, the council has informed me about sub-metering but didnt elaborate on it too much.
Does anyone know the costs? alternatively, would i need to get a third party to check the meter come bill time to calculate the costs or can the agent do that?
Cheers guys!
As far as I know very few units are individually metered and the cost of installing a sub meter well exceeds the costs. Units generally aren’t separately metered as it required the builder to run complete water supplies to each unit from each meter & developers are loathe to pay for all the additional works. Search some of the archives for previous comments.
You must be logged in to reply to this topic. If you don't have an account, you can register here.
