Annual service charge
About the services we provide for leaseholders and freeholders who pay us a service charge. Calculating costs. How to pay. Query your actual service charge calculation.
Contents
Consulting with you about service providers
When we bring in external contractors we have to set up a contract called a 'qualifying long term agreement’.
Typical examples of long-term agreements include those with:
- lift and entryphone specialists
- cleaning and gardening services
- insurance companies
- utilities companies that provide electricity and heating to communal areas
Under service charge regulations, we must consult with you if:
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we want to enter into an agreement with a contractor that will last for more than 12 months
-
the cost to you will be more than £100 a year
The consultation notice we have to send you is a Section 20 notice.
For major works we have to issue a Section 20 if the works cost you more than £250.
The consultation for long term agreements follows a similar process as that for major works.