We calculate your service charge contribution as detailed in the terms of your lease by using the rateable values of your property, block and estate and the total cost of the service.

What is the rateable value?

The rateable value is basically the floor space of the property, which was set by the Inland Revenue. This means a three-bedroom property will have a higher rateable value than a two-bedroom property as it is expected to be bigger.

Download our leaflet on leaseholder service charges for more information on service charges and how they are calculated.

Read the service charges leaflet