Frequently Asked Questions

Are service charges higher for flats in larger developments?

Yes, the average annual service charges are significantly higher in larger developments consisting of 20 units or more, amounting to 2,606 per flat. This is nearly 99 percent higher than blocks with five units or fewer at 1,309.

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Meet our Expert Property Commentators

Natalie Birmingham
Natalie Birmingham
Helpdesk Support Manager
image over card Natalie Birmingham
Mary-Anne Bowring
Mary-Anne Bowring
Group Managing Director
image over card Mary-Anne Bowring
Steve Norman
Steve Norman
Planning Director
image over card Steve Norman
Ian barber
Ian barber
Managing Director - BTR North
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Jon Curtis
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MRICS Head of Building Engineering
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Kate Robinson
Kate Robinson
MTPI MD Blocks/FM Management (London Region)
image over card Kate Robinson
Lee Harle
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Partner Ringley Law
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Anthony Kingdon
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MIRPM AssocRICS MD Blocks/FM Management
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Chris Georgalis
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Nichola Pughe
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MRICS Head of Residential Valuation
image over card Nichola Pughe

Are service charges higher for flats in larger developments?

Yes, the average annual service charges are significantly higher in larger developments consisting of 20 units or more, amounting to 2,606 per flat. This is nearly 99 percent higher than blocks with five units or fewer at 1,309.

Valuation Services provided by The Ringley Group

homepage - operational living sector experts - btr living section image
Bank Valuations
homepage - operational living sector experts - block management image
Development Valuations
homepage - operational living sector experts - professional services image
Rent Reviews
homepage - operational living sector experts - commercial and coworking image
Tax Valuations
homepage - operational living sector experts - proptech it advisory image
Balance Sheet Valuations

Social


Blogs on similar property topics

ASSET MANAGEMENT
How will the flat of the future look?
Climate change is shaping the way we live, and in the future, our homes will be equipped with eco-friendly innovations to reduce our carbon footprint. From energy generation to waste recycling, new technologies will transform our flats into self-sustaining living spaces. Here’s what the future holds. 

Read More

ASSET MANAGEMENT
Yes to Stamp Duty extension - but it's a delicate balance
Pressure is mounting on Chancellor Rishi Sunak to extend the Stamp Duty holiday for homebuyers in his 3 March Budget. Anyone caught up in the homebuying process and unlijkely to complete by the end of March will be keeping their fingers firmly crossed for an extension but our view is that there is a fine line to tread between helping homebuyers and overloading the lending and conveyancing sector to the point that an extension achieves very lit...

Read More

ASSET MANAGEMENT
7 years after the Mary Portas Town Centre review the government announces a 697m fund to revive high streets!
With life leaving the retail centres of many towns, developers are eyeing commercial property for residential conversion. With multi tenanted buildings being the end result are we acting in an appropriate manner or are we constructing ticking time bombs?  In many cases, creating residential space from commercial use can create problems, so what issues do developers have to be aware of and what are the pitfalls?Mary-Anne Bowring, Managing ...

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ASSET MANAGEMENT
How will the flat of the future look?

Read

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7 years after the Mary Portas Town Centre review the government announces a 697m fund to revive high streets!

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Meet our Expert Property Commentators

Mary-Anne Bowring FTPI FRICS FARLA FCABE Founder/Head of Asset Management

Strategic partnerships, holistic delivery/ opportunities, growth, value engineering, thought leadership

Ian Barber MD BTR Mobilisation & Leasing

Runs HQ & site lease-up teams. Drives rent pricing, mobilisation, marketing, happy residents!

Jon Curtis MRICS Head of Building Engineering

Chartered Building Surveyor. Lectures on EWS1 & building safety. Runs CapEx programmes.

Kate Robinson MTPI MD Blocks/FM Management (London Region)

Master plan setup, ops and staffing and resident engagement. ISO45001 champion.

Lee Harle Partner Ringley Law

Plot conveyancing. Debt litigation. Group Company Secretary.

Anthony Kingdon MIRPM AssocRICS MD Blocks/FM Management (North Region)

Stakeholder engagement. Mixed tenure specialist. Budget management. Plant audit, PPM compliance.

Chris Georgalis MRICS Head of Commercial Valuation

Chartered Valuer. Rental valuations: retail, leisure. IRR modelling and valuations for secured lending. Compulsory purchase & rent reviews

Nichola Pughe MRICS Head of Residential Valuation

Chartered Valuer. Rental development & mixed use valuations, IRR modelling. Leasehold enfranchisement specialist

Natalie Birmingham Helpdesk Support Manager

Trainer & Helpdesk Manager: people, systems,contractors. ISO45001 supply chain accreditation.

Steve Norman Planning Director

Land due diligence (opportunities & constraints) Has contributed to a number of award winning schemes.