Owning a flat brings with it a number of responsibilities, including the financial one of paying service charges.
Browsing: Service Charges
Gordon Whelan, Managing Director of Haines Watts Service Charge looks at what we can expect to see in service charge reporting.
Section 22 of the Landlord and Tenant Act (LTA) 1985 gives lessees the right to inspect “accounts, receipts and other documents”.
Gordon Whelan of Haines Watts Service Charge looks at the recent revised guidance on the application of VAT to residential service charges.
Ailsa Burkimsher of Haines Watts Service Charge looks at Articles of Association of a Company and why they matter.
One of the key requirements for effective property management is pro-active and effective communication with lessees.
Service charges are payable by the leaseholder to the landlord for services provided by the landlord under the terms of the lease.
There are many reasons why a lease fails to make satisfactory provision for the computation of service charges.
A loan from your landlord to pay service charges means you agree those charges even where they may not be payable.
In some cases, leaseholders may object to the costs associated with health and safety or fire assessments.