-A A +A

Service charges

As a leaseholder, you have to pay a service charge. This is to cover the cost of work and services New Charter provides under the term of your lease.

What is a service charge?

Service charges are contributions due from the leaseholder towards the costs of maintaining and providing services to your block and your estate. Each leaseholder has to pay a share of the overall cost for providing these services.  The charges will include only the services that are provided at your property (including estate costs). It is important that you refer to your individual lease to see which of these services are provided to you.

A list of the main services that might be provided by us are listed below and further information is included in our Leaseholders Handbook opposite.

  • Communal lighting
  • Cleaning and caretaking
  • Horticultural maintenance
  • Insurance
  • Communal maintenance/decoration
  • Rubbish chutes
  • Lift maintenance/replacement
  • TV aerial
  • Roof repairs/maintenance
  • Structural repairs
  • External painting
  • Administration charge
  • Sinking fund