Leaseholders

What are service charges?

If your flat is part of a block of flats, you pay a share of the costs of maintaining the block and providing services such as caretaking and so on. Please check your lease agreement.

These costs are called service charges and are for the following services:

  • Ground rent and buildings insurance
  • Routine repairs, cleaning, maintenance, major repairs and improvements
  • Electricity charges for any shared areas, for example, lighting, power to lifts and controlled-entry systems
  • Administration charges.

 

The buildings insurance policy covers your flat and the block it is in. The buildings insurance policy does not cover your furniture or personal belongings. We strongly advise you to buy contents insurance to cover your furniture and personal belongings.

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