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Service charges explained

Understanding your service charges

Transparency matters to us. We want you to know what your service charge covers and exactly where and how your…

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What is a service charge and why do I have to pay it?

Each year, you pay us a service charge. This money goes towards the day-to-day running costs of your development and…

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What does my management fee pay for?

The management fee is a small part of your service charge. While we collect service charges to cover the day-to-day…

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What external factors affect my service charge?

In recent years, we have seen an increase in service charge costs. It’s important to note that service charges are…

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How do we handle VAT payments for site-based staff?

1. What are the changes in the VAT payments? Here we explain what the changes are, when they will apply…

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Why do I need to pay into a reserve fund?

1. What is a reserve or contingency fund? In general, it is a good idea to keep savings for that…

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