Everyone should know why they need to pay service charges, its usually written in the lease, which they signed when they bought the property.
Browsing: Service Charges
Service charges are payable annually to cover the landlord’s costs for providing services and maintaining the common areas of the building.
If a landlord wanted to carry out major works to a block that would cost any one leaseholder over £250, all leaseholders must be consulted.
A leaseholder is generally required to pay various charges under the terms of their lease, such as service charges and ground rent.
In this article Phil Parkinson and Katie Edwards of JB Leitch, look at the nature, definitions and parameters of estate rentcharges.
Service charge is the money a leaseholder or a freeholder of a property, pays towards the day-to-day running costs of your development.
Liz Rowen, Legal Director at UK-top 200 Yorkshire law firm Keebles LLP, explains why a recent forfeiture case ruled in favour of the tenant
Liz Rowen, Legal Director at Keebles LLP, explains how the pandemic has impacted the payment and recovery of service charges.
JB Leitch’s Legal Director Phil Parkinson, with Associate Solicitor Katie Edwards, provide practical insight, advice and clarity on the complex issues surrounding the insolvency of Right to Manage (RTM) companies.
One of the most common queries we get here at LEASE, is regarding unreasonable service charges and whether or not they can be challenged.