Leaseholders' Handbook - Plymouth Community Homes
Leaseholders' Handbook - Plymouth Community Homes
Leaseholders' Handbook - Plymouth Community Homes
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Service Charges<br />
Annual Service Charge<br />
The annual service charge is the money that you<br />
pay towards the day-to-day running costs of your<br />
block of flats.<br />
You do not pay anything towards services or repairs<br />
that are provided solely for the benefit of <strong>Plymouth</strong><br />
<strong>Community</strong> <strong>Homes</strong> tenants or individual properties.<br />
Leaseholders and tenants usually pay an identical<br />
amount each year for the cost of services that are<br />
provided to a particular block. We can only make<br />
reasonable service charges and the services or<br />
work we do must be of reasonable standard. We<br />
will give you a statement of account showing what<br />
is included in your service charge.<br />
How are variable charges calculated?<br />
The service charge is a variable charge. This<br />
means that you will be sent an invoice to pay dated<br />
1st April each year and this will cover the cost of<br />
providing services to your block for the next 12<br />
months. Therefore, these charges are payable<br />
annually, in advance.<br />
Each year we will estimate the sum we are likely to<br />
spend in providing services to you over the coming<br />
year. That will be the service charge we will ask you<br />
to pay for the year. At the same time, we will work<br />
out how much we have actually spent on providing<br />
services for you in the previous period. If we have<br />
overcharged you we will reduce your service charge<br />
for the coming year. If we have undercharged<br />
you, we will increase your new service charge.<br />
Depending upon the services provided to<br />
your particular block, the annual service<br />
charge could cover:<br />
Caretaking<br />
Heating, lighting and cleaning<br />
of communal areas<br />
Communal TV aerial maintenance<br />
Door entry systems<br />
Grounds maintenance of communal areas<br />
Buildings insurance<br />
Management costs<br />
Fire safety equipment<br />
Window cleaning<br />
Lifts<br />
Communal laundry<br />
Annual service charge invoices usually<br />
consist of 5 separate elements:<br />
Ground rent<br />
A charge for services<br />
Buildings insurance premium<br />
Administration / Management Charge<br />
Adjustments for previous periods<br />
You will only be charged for those services<br />
which are provided to your block of flats.<br />
Please note, however, that you will be<br />
charged for all services that are provided<br />
to your block, whether you use them<br />
or not as per your lease agreement.<br />
12<br />
➪<br />
Previous page | Contents page | Next page<br />
➪
Change language