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
No new leasehold houses - but what about the old ones?
No more leasehold houses will be sold in England and Wales, the government said last week. Developers will no longer be able to hold homeowners to ransom by selling their freeholds and doubling ground rents and freeholders will be able to challenge estate management fees. Legislation willbe brought in to ban long leases on houses and ground rents will be kept to a minimum for both new build houses and flats.This is welcome news for new homebuy...

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Why More People Are Gravitating Towards A Coworking Lifestyle
In the modern world, you have access to multiple workplace options. Coworking is fast becoming the preferred choice of many people. Coworking spaces offer a string of advantages to an office that comes with a key, a complicated lease, rates, utilities, and all the fit-out worries. Coworking also makes it easy for people from diverse backgrounds to come together under one roof and work in a manner that benefits everyone. People who have adapted...

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ASSET MANAGEMENT
Is the new cladding fund just a leaseholder lottery?
Last week, Housing Secretary Robert Jenrick MP announced an extra £3.5 billion to fund replacement cladding on high-rise buildings above 18 metres. Good news? Not entirely. Yes, this is a substantial amount of money and thousands of leaseholders will be hugely relieved to know that they no longer have the spectre of huge bills and unsellable homes hanging over them. But the announcement still leaves a lot of questions unanswered.First, claddin...

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Blogs related:

ASSET MANAGEMENT
No new leasehold houses - but what about the old ones?

Read

ASSET MANAGEMENT
Why More People Are Gravitating Towards A Coworking Lifestyle

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ASSET MANAGEMENT
Is the new cladding fund just a leaseholder lottery?

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Meet our Expert Property Commentators

Natalie Birmingham
Natalie Birmingham
Helpdesk Support Manager
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Mary-Anne Bowring
Mary-Anne Bowring
Group Managing Director
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Steve Norman
Steve Norman
Planning Director
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Ian barber
Ian barber
Managing Director - BTR North
image over card Ian barber
Jon Curtis
Jon Curtis
MD Building Surveying
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
No new leasehold houses - but what about the old ones?
No more leasehold houses will be sold in England and Wales, the government said last week. Developers will no longer be able to hold homeowners to ransom by selling their freeholds and doubling ground rents and freeholders will be able to challenge estate management fees. Legislation willbe brought in to ban long leases on houses and ground rents will be kept to a minimum for both new build houses and flats.This is welcome news for new homebuy...

Read More

ASSET MANAGEMENT
Why More People Are Gravitating Towards A Coworking Lifestyle
In the modern world, you have access to multiple workplace options. Coworking is fast becoming the preferred choice of many people. Coworking spaces offer a string of advantages to an office that comes with a key, a complicated lease, rates, utilities, and all the fit-out worries. Coworking also makes it easy for people from diverse backgrounds to come together under one roof and work in a manner that benefits everyone. People who have adapted...

Read More

ASSET MANAGEMENT
Is the new cladding fund just a leaseholder lottery?
Last week, Housing Secretary Robert Jenrick MP announced an extra £3.5 billion to fund replacement cladding on high-rise buildings above 18 metres. Good news? Not entirely. Yes, this is a substantial amount of money and thousands of leaseholders will be hugely relieved to know that they no longer have the spectre of huge bills and unsellable homes hanging over them. But the announcement still leaves a lot of questions unanswered.First, claddin...

Read More


Blogs related:

ASSET MANAGEMENT
No new leasehold houses - but what about the old ones?

Read

ASSET MANAGEMENT
Why More People Are Gravitating Towards A Coworking Lifestyle

Read

ASSET MANAGEMENT
Is the new cladding fund just a leaseholder lottery?

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.

Natalie Birmingham Helpdesk Support Manager

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

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