What Is a Section 20 Notice? A UK Landlord and Leaseholder Guide
A Section 20 notice is a mandatory, multi-stage consultation process baked into UK property law. In simple terms, it stops landlords or property managers from charging leaseholders for major works or long-term service agreements without giving them a proper say first. Think of it as a crucial safety net. It ensures leaseholders are fully informed […]
A Complete UK Guide to Leasehold Service Charges
Leasehold service charges are your contribution towards the running of your building. Think of it as a shared pot of money that pays for the maintenance, insurance, and general upkeep of all the communal areas, making sure the property remains a safe, valuable, and pleasant place for everyone to live. Demystifying Leasehold Service Charges Getting […]
A Landlord’s Guide to Service Charge Accounts
Service charge accounts are the financial bedrock for managing shared properties in the UK. They hold the funds collected from leaseholders to cover all the communal expenses, from cleaning the hallways to sorting out the buildings insurance. Think of it as a transparent, collective budget for a block of flats. Getting these accounts right isn't […]