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The Guardian - UK
The Guardian - UK
Business
Rupert Jones

Average service charge for flat in England and Wales hit £2,300 last year

Canalside properties in Ancoats and New Islington areas of Manchester
Some of the biggest increases since 2019 were in the north-west of England, where there have been a higher number of city centre development, said Hamptons. Photograph: Christopher Thomond/The Guardian

The average annual service charge for a leasehold flat in England and Wales has jumped by an inflation-busting 11% to £2,300, according to data.

The increase – the biggest for at least eight years – means that for many their service charge is their largest household bill after their mortgage, and may fuel fresh calls for the government to accelerate an overhaul of the scandal-hit leasehold sector.

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