What’s Hiding in Your Service Charge? A Closer Look at Management Costs and Fees
If you pay service charge at a property then you are likely to know that it includes a management fee, and you feel this is reasonable, right? A managing agent, or a Landlord if they directly manage, should be entitled to receive a fee to cover the resources they utilise to manage the service charge. However, what does managing the service charge actually entail, and are you fully aware of all of the fees you are paying?
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