About Boutique Body Corporates Ltd

BBCL offers clients the specialist service they deserve. We work closely with local New Zealand body corporate committees and owners ensuring lines of communication are kept open at all times, while providing sound and practical advice. This includes the constant review and tendering of contracts and budgets to ensure costs are controlled and minimised.

Debt collection

Boutique has tested, streamlined procedures for raising levies and debt collection, including the collection of interest and associated costs for the Body Corporate. The procedures ensure that any costs in the debt collection process are met by the proprietor in default, and are not a burden on the rest of the owners who have met their obligations on time.

Your funds

Body Corporate funds are held in a trust account, with all funds earning interest for the benefit of the Body Corporate. Accounts are maintained on a daily basis, so real-time reporting is available to committees and owners. Accounts are reviewed quarterly by our auditors, Hayes Knight Limited.

Contractors

A full suite of contractors is available to Body Corporate clients on a 24/7 basis. Boutique has been able to negotiate substantial discounts with a number of contractors. Any discounts are passed on in full to the Body Corporate.

Accounting system

Boutique uses Vision customised strata management software. Accounts are presented to owners prior to any general meeting. These include a balance sheet, income vs expenditure, aged proprietors, aged creditors and a detailed expense activity report.

Insurance

Boutique New Zealand has public liability cover of $5 million and professional indemnity cover of $2 million via Lumley Insurance. Full insurance to comply with the Unit Titles Act is arranged and facilitated for all Body Corporates through a competitive process. Insurance valuations when required are obtained from independent valuers. 

Costs

Boutique is happy to discuss and tailor a fee structure for each Body Corporate – "one size" does not fit all. The fee includes an annual general meeting, onsite if preferred, and all committee meetings.  We aspire to deliver beyond client expectations and the flat administration fee for our comprehensive services ensures there are no surprises at the end of the financial year.

Special services

Every complex is different, and where services over and above the standard services are requested by the Body Corporate (such as dealing with leaky building syndrome), we have the knowledge and expertise to support and advise owners. No additional fees are charged for the one-off services without the prior approval of the Body Corporate.

While the majority of our business involves supporting Body Corporates under the Unit Titles Act, we also act as secretary for other shared ownership structures, including Incorporated Societies, Cross-lease, Company share structures, drainage and sewerage pond facilities and timeshares. If it is jointly owned, we can help!

Contact our business development manager, Joanne Barreto, for more information.

email: jo@bbcl.co.nz