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The difficulty with comparing service charge costs between individual blocks of flats may be explained by considering in a number of factors. The method of calculation may vary for each block in line with any variance in leasehold arrangements. The property size, type, height, condition, age, service facilities, plant, lifts, equipment and lease particulars can all have a significant influence on taking care and running costs. In addition, taking care and repairs background sinking fund provision may also vary considerably making comparisons in the degree of freehold service charges almost impossible. Not only will the freehold property and its particular condition be unique, nevertheless the property services necessary in managing and your building may be quite different with the requirements from the property lease.In summary you ought not compare apples with oranges and in many cases you can probably find explanations for almost any two landlord service charges being different. Here are some possible explanations which might be applicable in comparing one typical block management scenario with another.(i) You may possess a more comprehensive pair of services funded using your service charge (e.g. site manager or porter, all windows cleaned, lifts, vehicle, entry systems etc.).(ii) Does your neighbour's service charge include sinking funds to allow for future repairs and maintenance? If not, their charge will probably fluctuate dramatically from year to year as large expenditure falls due. Large items may well be charged for separately when they arise being additional to your regular landlord service charge.(iii) How many individual flats come in the neighbouring building? Smaller blocks of flats with less units tend to have a higher maintenance charge per unit. https://www.sp3realestate.com.au/ are often disproportionately more costly the location where the cost is shared by fewer lessees. If service charges are spread across a lot of flats it follows that this proportion per leaseholder will probably be less. For example, a roof repair ship to only 6 flats is expensive in comparison to the same facility deliver to 32.(iv) Do you have extensive gardens or possibly your block an adult building? If so, your service charge might be adversely affected. The presence of asbestos for example can use a dramatic effect on the costs of the works being accomplished.(v) What size will be your apartment? The method of service charge calculation should be stated in the home lease. It might be apportioned by mention of a floor area of your apartment. If you own a two bedroom apartment plus your friend owns a studio apartment than the can certainly produce a significant difference. Some leases simply share all costs equally and this can clearly alter the portion payable quite significantly in one block to another.(vi) The location and access arrangements to handle works can also influence service charge. Where service contractors can't seem to erect scaffold, or carry out their works in a affordable manner an extension cord and expenses will result. Difficulties with materials deliveries, parking, craneage, disposal of rubbish etc will all provide an affect whereas simple standard procedures without any special requirements won't attract reduced.Having checked your lease along with the other matters described above, you'll probably still consider you're being overcharged. As a long suffering leaseholder there are numerous of possibilities open. Why not consider asking your landlord to employ a professionally qualified property managing agent. If you insist that a firm is appointed which can be Regulated by RICS (The Royal Institution of Chartered Surveyors) the service standards they must work to are set in the RICS Code. This Code serves to safeguard clients from unscrupulous practices and likewise requires auditing and protection measures are put set up being susceptible to regular inspection through the institution.Other options could also be open to disgruntled leaseholders including taking up their Right to Manage or indeed Enfranchisement the place that the freehold may be purchased by the majority of the lessees. However these alternatives usually are not always possible and can devote some time requiring the co-operation of others to initiate. Whatever solution is available, I trust that this above provides being a useful point of mention of the help people who feel they may be susceptible to overcharging.I give further explore the main topic of Enfranchisement and also the Leaseholders' Right to manage (RTM) inside a separate article because this particular rights are important and warrant specific attention and explanation.It is needless to say prudent to look into all of the above matters either before or during the time of purchasing a leasehold property in the block of flats. Generally the management and maintenance costs will tend to be reflected inside service charge of the property in a period of years. A conveyancing solicitor should request this info inside their investigation and look using the freehold block management agent. Please be aware however that this opportunity and procedures involved will certainly vary on location. The procedures described focus on England and Wales and so are therefore not applicable to other countries.Additional service charge advice and support could possibly be purchased from a good block management agent providing residential freehold property services for blocks of flats. Readers are encouraged to search for block management agent services that are benchmarked for the quality standards determined by The Royal Institution of Chartered Surveyors (RICS). These professional practices or management agents benchmark their property services towards the RICS Service Charge Residential Management Code. that has been approved with the housing minister during 2009.RICS Chartered Surveyors which can be 'Regulated by RICS' must comply with this code that's rigorously enforced with the RICS which carries out regular inspections of these member firms.Regulation also secures many other benefits for freehold management companies, landlords and leaseholders. Service charge monies have to be safely managed in a secure ring fenced client checking account with funds being insured and be subject to regular checking and bank reconciliation. In addition the services provided must get to the required standards Typical block management agent duties are covered beneath the RICS Service Charge Code which could usually include some from the following:-Effective Procedures for Property Maintenance and Repairs,Responding to Leaseholder Enquiries from Solicitors on Property Sales,All Aspects of Service Charges comprising Financial Control, Expenditure, Budgeting, Service Charge & Ground Rent Collection and Accounting,Regular Client Reporting to Freehold Management Companies, Residents, Lessees, RTM's or Landlords.Independent Lease ManagementControl? and Compliance Procedures in Upholding the Covenants with the Property Lease andCompany Secretary Services in Assisting Freehold, RTM and Property Management Companies with Essential Management Company Administration.