Important rights for those who pay service charges

If you pay a service charge you have a number of important rights, including:

• The right to be notified in advance of any changes to your service charge
• The right to challenge your service charge at a leasehold valuation tribunal
• The right to see a summary of the service charge costs for the previous financial year and to inspect the accounts and invoices on which the summary is based
• The right to be consulted about work where the cost to any leaseholder exceeds £250
• The right to be charged or notified of service charge costs within 18 months
• The right to be consulted about service contracts that are in place for more than one year and where the cost to leaseholders is more than £100 per annum

In addition, new requirements have come into force under the Commonhold and Leasehold reform Act 2002, which requires East Durham Homes to provide a statement setting out leaseholders rights, which will accompany the statement and invoices.

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Document Created: 14/09/2009 15:48 , last modified: 16/11/2010 10:31