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What is a 'Service/Estate/Management Charge'?

Modified on: Thu, 20 Feb, 2020 at 4:25 PM

This is a charge that is made towards the upkeep of a freehold or leasehold property. Prior to completion the service charge for a home will usually be estimated on a GBP per square foot basis. Following completion Service Charge is collected from freeholders or leaseholders by an appointed managing agent.

 

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