Pay your leaseholder service charges
Contents
Contents
We calculate your service charge contribution by using the rateable values of:
The rateable value (RV) is the floor space of the property, which was set by the government. This means a 3 bedroom property will have a higher RV than a 2 bedroom property as it's expected to be bigger.
An example of how the service charge would be calculated based on the following RVs:
If the estate caretaking charge to your estate was £13,595.71, your contribution would be calculated like this:
213 (flat RV) / 121318 (estate RV) x £13,595.71 cost = £23.87 (your contribution)
If the block repair charge to your block was £813.62, your contribution would be calculated like this:
213 (flat RV) / 3384 (block RV) x £813.62 cost = £51.21 (your contribution)
There may be some exceptions. Contact the Home Ownership Service if you have any queries about the calculations.
Fourth floor, The Woolwich Centre
35 Wellington Street
London, SE18 6HQ