Frequently Asked Questions

How have service charges for flats changed over time?

Since 2018, service charges for flats in England and Wales have increased by 51.7 percent. It is the first time the average annual service charge has exceeded 1,000 per year. However, in the past 12 months, the increase has been more modest at 8.0 percent, aligning with inflation trends.

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Meet our Expert Property Commentators

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Natalie Birmingham
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Mary-Anne Bowring
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Group Managing Director
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Steve Norman
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Planning Director
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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
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MTPI MD Blocks/FM Management (London Region)
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Lee Harle
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How have service charges for flats changed over time?

Since 2018, service charges for flats in England and Wales have increased by 51.7 percent. It is the first time the average annual service charge has exceeded 1,000 per year. However, in the past 12 months, the increase has been more modest at 8.0 percent, aligning with inflation trends.

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
Shining a light on energy efficiency changes
If you’re a landlord looking to improve your rental properties, you may be wondering whether local authority funding is still available following the discontinuation of the Green Homes Grant. The good news is that there are still ways to boost your property’s energy efficiency—and some won’t break the bank. Recent research from Rightmove highlights several cost-effective solutions to improve your home’s Energy Performance Certificate (EPC) rat...

Read More

ASSET MANAGEMENT
Flooding - keeping residents safe
Repair reporting software provider Fixflo helped leaseholders and tenants handle nearly 5,000 small repairs when Storm Ciara hit the UK. This support allowed property managers to focus on major repairs needed across blocks in the country. Winds reached their peak on Sunday, 9 February, causing significant damage to fences and windows. The situation worsened as Storm Dennis followed, leading to widespread flooding. With 120 severe weather warni...

Read More

ASSET MANAGEMENT
Labour Introduces Landmark Overhaul of National Planning Policy Framework to Meet Housing Goals
Labour has launched a sweeping revision of the National Planning Policy Framework (NPPF), targeting the delivery of 1.5 million new homes in five years to tackle the UK’s housing shortage. The reforms reintroduce mandatory housing targets, prioritize brownfield and "grey belt" development, and empower local authorities to accelerate planning processes. This marks a significant shift toward centralized accountability and rapid action.

Read More


Blogs related:

ASSET MANAGEMENT
Shining a light on energy efficiency changes

Read

ASSET MANAGEMENT
Flooding - keeping residents safe

Read

ASSET MANAGEMENT
Labour Introduces Landmark Overhaul of National Planning Policy Framework to Meet Housing Goals

Read

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.