Flat's £23,000 Service Charge Bill 'Beggars Belief', Says Owner

A resident at a 24-flat development in central London says he had the shock of his life when he opened his latest service charge bill and found he was being asked to pay £23,309 for the year – 12 times the average for the capital. “Many of the charges listed beggar belief,” says Waiel Yahia, who bought his three-bedroom flat in early 2017 when his bill that year was £9,420. Another resident with a smaller flat, Chandini Lachmandas, is being charged £16,943 this year, up from £6,965 three years ago. Residents are now paying more than the millionaires living in one of Mayfair’s most exclusive developments, which boasts luxury perks such as a swimming pool, cinema and wine room. Read more on the Guardian website.

https://www.theguardian.com/money/2020/nov/21/flat-service-charge-bill-owner-london-fees