Management companies are hiking maintenance charges and ground rent fees,according to insurer’s researchBuyers of apartments in unique-build towers not only have to pay sky-tall prices but also face soaring annual service charges that now average £2777 a year, according to unique research.
Some of the worst service charges are found in unique apartment blocks lining the River Thames in London, and where residents will have to pay nearly £7000 a year on a two-bed flat. Continue reading...
Source: theguardian.com