Frequently Asked Questions

How have service charges for flats risen over time?

Since 2018, service charges for flats in England and Wales have increased by 51.7 percent to 2023.

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Blogs on similar property topics

ASSET MANAGEMENT
The levelling up Agenda - what it really means
The new Levelling Up White Paper outlines significant changes for the private rental sector. Landlords will lose their Section 21 eviction powers, according to Housing Secretary Michael Gove. This move aims to end the unfair practice of landlords evicting tenants without reason. Additionally, the White Paper establishes that all homes in the private rental sector must meet the Decent Homes Standard as a minimum.

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ASSET MANAGEMENT
Smoke & Carbon Monoxide Regulations explained
Smoke & Carbon Monoxide Regulations explainedThe Smoke and Carbon Monoxide Alarm (Amendment) Regulations 2022 were implemented on 1 October 2022.Smoke is dark, fast, toxic, and hot - and it is the biggest killer in domestic fires. This is the stark warning posted on fire safety product supplier First Alert’s website, highlighting the importance of fitting smoke alarms at home. In the UK there are around 200 deaths a year in house fires and...

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ASSET MANAGEMENT
Leasehold reform is needed but watch out for unintended consequences
Leasehold reform hasn't made much progress lately, despite the much-publicised promise last year of new legislation to benefit homeowners. The Queens Speech in December noted the Government's intention to reform unfair practices in the leasehold market. But no date was given for when new legislation might be introduced. Clearly, the pandemic has put less urgent Government business on hold. Now questions are being asked.Flat owners will be plea...

Read More


Blogs related:

ASSET MANAGEMENT
The levelling up Agenda - what it really means

Read

ASSET MANAGEMENT
Smoke & Carbon Monoxide Regulations explained

Read

ASSET MANAGEMENT
Leasehold reform is needed but watch out for unintended consequences

Read

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
image over card Ian barber
Jon Curtis
Jon Curtis
MRICS Head of Building Engineering
image over card Jon Curtis
Kate Robinson
Kate Robinson
MTPI MD Blocks/FM Management (London Region)
image over card Kate Robinson
Lee Harle
Lee Harle
Partner Ringley Law
image over card Lee Harle
Chris Georgalis
Chris Georgalis
MRICS Head of Commercial Valuation
image over card Chris Georgalis
Nichola Pughe
Nichola Pughe
MRICS Head of Residential Valuation
image over card Nichola Pughe

How have service charges for flats risen over time?

Since 2018, service charges for flats in England and Wales have increased by 51.7 percent to 2023.

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
The levelling up Agenda - what it really means
The new Levelling Up White Paper outlines significant changes for the private rental sector. Landlords will lose their Section 21 eviction powers, according to Housing Secretary Michael Gove. This move aims to end the unfair practice of landlords evicting tenants without reason. Additionally, the White Paper establishes that all homes in the private rental sector must meet the Decent Homes Standard as a minimum.

Read More

ASSET MANAGEMENT
Smoke & Carbon Monoxide Regulations explained
Smoke & Carbon Monoxide Regulations explainedThe Smoke and Carbon Monoxide Alarm (Amendment) Regulations 2022 were implemented on 1 October 2022.Smoke is dark, fast, toxic, and hot - and it is the biggest killer in domestic fires. This is the stark warning posted on fire safety product supplier First Alert’s website, highlighting the importance of fitting smoke alarms at home. In the UK there are around 200 deaths a year in house fires and...

Read More

ASSET MANAGEMENT
Leasehold reform is needed but watch out for unintended consequences
Leasehold reform hasn't made much progress lately, despite the much-publicised promise last year of new legislation to benefit homeowners. The Queens Speech in December noted the Government's intention to reform unfair practices in the leasehold market. But no date was given for when new legislation might be introduced. Clearly, the pandemic has put less urgent Government business on hold. Now questions are being asked.Flat owners will be plea...

Read More


Blogs related:

ASSET MANAGEMENT
The levelling up Agenda - what it really means

Read

ASSET MANAGEMENT
Smoke & Carbon Monoxide Regulations explained

Read

ASSET MANAGEMENT
Leasehold reform is needed but watch out for unintended consequences

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.