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The Independent UK
The Independent UK
Business
Vicky Shaw

Annual service charges for flats rise by 8%, analysis finds

Hamptons David Fell England Wales
PA Archive

The average annual service charge for a flat in England and Wales has jumped by 8% – or just over £100 – over the past year, analysis suggests.

At the halfway point of 2023, the average charge is £1,431, equating to £119 per month, according to estate agent Hamptons.

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