Leasehold Service Charges

Based on the lease: The lease agreement specifies which services are covered and how the costs are divided among leaseholders.
Variable vs. fixed: Some charges are variable, meaning they change depending on the actual costs incurred by the landlord, while others may be fixed in the lease.
Calculation: A common method is to divide the total

Based on the lease: The lease agreement specifies which services are covered and how the costs are divided among leaseholders.
Variable vs. fixed: Some charges are variable, meaning they change depending on the actual costs incurred by the landlord, while others may be fixed in the lease.
Calculation: A common method is to divide the total cost of services by the number of properties in the block. For example, if the total annual cost for maintenance is £24,000 and there are 12 flats, the service charge for each flat would be £2,000.
Leaseholder's share: The lease will detail how your share is calculated, for instance, based on the size of your flat or a fixed percentage of the total costs.
Reasonable costs: The costs must be reasonable, and the landlord must perform the services to a reasonable standard.

Building maintenance: Structural repairs to the roof, walls, and foundations.
Communal areas: Maintenance and cleaning of shared spaces like hallways, staircases, lifts, and entrances.
Building insurance: The cost of insuring the entire building.
Management costs: Fees for managing the development.
Other services: This can also include lands

Building maintenance: Structural repairs to the roof, walls, and foundations.
Communal areas: Maintenance and cleaning of shared spaces like hallways, staircases, lifts, and entrances.
Building insurance: The cost of insuring the entire building.
Management costs: Fees for managing the development.
Other services: This can also include landscaping, security, and the maintenance of any shared amenities.

Check your lease: Always refer to your lease for a complete list of what you are expected to pay for and how your share is calculated.
Major works: For any major works costing over £250 per any one leaseholder, section 20 consultation should be undertaken.
Right to inspect: You have the right to inspect the accounts and receipts that suppo

Check your lease: Always refer to your lease for a complete list of what you are expected to pay for and how your share is calculated.
Major works: For any major works costing over £250 per any one leaseholder, section 20 consultation should be undertaken.
Right to inspect: You have the right to inspect the accounts and receipts that support the service charge statement.
Reserve funds: You may be required to contribute to a reserve fund for future major works.

What is the Service Charge