Service Charge

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Term Definition
Service Charge
Service Charges are paid by leaseholders and tenants living in blocks of flats. The charges may cover the cost of:

  • Upkeep and landscaping of shared grounds
  • Repair, maintenance & cleaning of exterior and internal communal areas. ( inc. shared lighting, heating or emergency alarm systems).

  • Service charges are based on the actual cost of delivering the service. They are reviewed once a year and may increase or decrease.