Back to the list

What is a service charge?

A service charge is a payment made by the shared owner/leaseholder to contribute towards any communal services.

These services include grounds maintenance and cleaning of communal areas. There will also be contributions to insurance costs and management fees.

A breakdown of your service charge will be supplied upon reservation. You will also receive a yearly update on your service charge included in your rent review.
 

  1. Buy a home FAQs