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Overpaid Service Charge

rhubarb22
Posts: 63 Forumite
Hi, I was hoping someone could answer a question for me. I rent a house from a housing association and have just received a breakdown of my service charge for the year April 2011 - March 2012. The bill shows that the estimated charges were approx £2.50 a week, but the actual amount spent was only 38p per week. This leaves a credit balance of around £108 . The letter states that this credit may be applied to the bill for March 2013 - April 2014. This means they will have my money in their account for a year. I have spoken to somebody at the housing assoc. but they said this is how the system works and they cannot give an immediate refund. If this is the case I will have to accept this, but otherwise it seems unfair that I cannot have the money back.Anyones thoughts would be appreciated
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Comments
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Sorry but it depends entirely on the terms of your lease- that's the contract you signed that governs it.
You must read it front to back but do so while sitting down -
guaranteed to send you to sleepStop! 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 -
Agree read your long lease, most often they say that the money can be rolled over to the following financial year. It costs money to administer refunds, and it's not exactly a fortune. You may find with a surplus they are keen to do additional repairs or maintenance next year which benefits you!Declutterbug-in-progress.⭐️⭐️⭐️ ⭐️⭐️0
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