The purpose of this briefing paper is to summarise how service charges should be calculated in social housing. it includes sections on:
Revenue service charges are charged to leaseholders and tenants and charges must reflect actual costs and be reasonable. Capital service charges are charged to leaseholders only and must reflect actual costs and be reasonable. There is also a requirement to carry out specific consultation (including issuing section twenty notices) and demands for payment must be made within eighteen months of works being completed.
The briefing paper concludes that in calculating service charges, social landlords should:
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