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Service Charges

Depending on where you live, your service charge could cover things like:

  • Management fee
  • Caretaking costs
  • Shared grounds maintenance
  • Cleaning of shared areas
  • Lighting of shared areas
  • Bin hire
  • Fire safety equipment
  • Communal TV aerial maintenance
  • Lift maintenance
  • Door entry systems
  • Depreciation (the money put aside for long term replacement of things like lifts or decorations to shared areas)

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