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Query re: Service charge for flat
Comments
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Yes, in England (don't know about Wales) most flats are leased to the owners, a freeholder actually owns the property whereas in Scotland, they don't have this distinction.
I wish we had the Scottish system in England, leasehold is the biggest waste of time! Although it looks like the OP actually has a commonhold property, which was brought in to get around the usual leasehold problems, but is still pretty rare.Gone ... or have I?0 -
Yes, the property is commonhold. The original developers did this to all their sites as they had no wish to have to administer leases or deal with on-site issues.
I must admit that the company we outsource our management to is most impressed with the way we keep the service charge down to £60 a month, where other sites of a similar size are charging £80Never Knowingly Understood.
Member #1 of £1,000 challenge - £13.74/ £1000 (that's 1.374%)
3-6 month EF £0/£3600 (that's 0 days worth)0
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