Service charges
Most residents in flats may pay a service charge to cover the cost of maintaining the building they live in.
Service charges usually cover the cost of:
- Repairs and maintenance of communal areas
- Caretaker services to communal areas
- Electricity to light communal areas
- Heating of communal areas
- Maintenance of communal gardens
- Sheltered services
Residents usually pay a share of everything even if they don’t use some of the services. For example, if they live on the ground floor and never use the lift, they still pay something towards its maintenance.
We have three groups of residents that pay service charges:
- Tenants
- Sheltered tenants
- Leaseholders