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Service fees on maisonette
penny_pitstop
Posts: 91 Forumite
We are looking into buying a maisonette. It has it's own seperate entrance and each maisonette has it's own private garden so there are no communal areas at all.
The agent told us if the roof were to fall in the cost would have to be shared between all residents...put there is a £330 per annum service fee - what is this for??
The agent told us if the roof were to fall in the cost would have to be shared between all residents...put there is a £330 per annum service fee - what is this for??
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Comments
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Ask the vendor! An agent wouldn't know as it's not their area of expertise: they're salesmen, and neither would I0
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Ask the vendor for the service charge estimate or accounts that are the basis for the bill.
Get a copy of the Lease.
Based on the description, expenses for some or all of the retained structure roof walls drains foundations etc perhaps building insurance and upkeep of the common path roads grounds etc, are a shared %, which is set out in the lease.
http://www.lease-advice.org/publications/documents/document.asp?item=7Stop! Think. Read the small print. Trust nothing and assume that it is your responsibility. That way it rarely goes wrong.
Actively hunting down the person who invented the imaginary tenure, "share freehold"; if you can show me one I will produce my daughter's unicorn0 -
Do not take what the EA says as gospel regarding who pays what. In some cases, the top floor is wholly responsible for the roof, the ground floor is responsible for foundations/other ground floor 'things'.
The EA more than likely won't have seen the lease. Make sure it's confirmed via your solicitor.
Jx2024 wins: *must start comping again!*0 -
Service charge on flats and maisonettes usually includes buildings insurance and management fee, so this is likely what the money is for.
Ask the vendor what the charge is for . Your solicitor will check any such charges out as part of the purchase process, so you can also direct questions to him.The bigger the bargain, the better I feel.
I should mention that there's only one of me, don't confuse me with others of the same name.0
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