Flat owners see service charges surge 52% in five years to an average of £1,431 a year, as safety measures after the cladding scandal send bills up

Flat owners have seen annual service charges soar more than 50 per cent in the past five years, according to new research. The average 51.7 per cent increase since 2018 means homeowners typically now hand over £1,431 a year in these charges, the equivalent of £119 a month. Much […]

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