As a leaseholder or freeholder, under the terms of your lease you are required to contribute to the cost of managing, maintaining, repairing, insuring and providing services to the block, house or estate where you live.
Service charges cover:
- Planned preventative maintenance
- Grounds maintenance
- Shared heating and hot water
- Repair and maintenance work
- Shared electricity
- Concierge (if available)
- Ground rent
- Building insurance
- Management costs
The amount you pay can vary from one year to the next. This is called a variable service charge.
When to pay
Your service charges will be reviewed annually and we will write to you every July setting out how much you need to pay.
Prior to this invoice, a Ground Rent notice demand will be served at least 30 days before the invoice.
If you pay the invoice within 28 days you can get a 5% discount, or you can pay by 10 instalments.
Information on how to pay will be sent to you with your invoice.