Propell. Leave the levy to us
monthly levy roll
levies from the
individual owners.
As the only source of income for Sectional title schemes is their monthly Levy roll, the non-payment of levies is therefore the single biggest threat to safe, affordable sectional title living. Sectional title schemes in financial distress suffer from physical neglect, punitive special levies and falling property values.
The enduring levy defaults soon lead to a ‘levy trap’, a cycle of deterioration where levy paying owners flee deteriorating schemes and are replaced by less reliable residents, further intensifying the deterioration.
Our levy funding and collection provides levy finance solutions to Bodies Corporate.
- Financing arrear levies owing at the date of inception of a relationship with Propell
- Fast and efficient levy collection
- Financing the monthly payment equivalent to the full levy roll
- Funding for property maintenance and improvement projects
The immediate access to funding allows trustees to quickly address a scheme’s pressing needs.
The efficient collection and assured monthly levy payments will permanently reverse the cycle of deterioration caused by levy defaults.
The Body Corporate is charged a monthly administration fee with all collection fees and interest recovered form defaulting owners.
