2:34 AM, 8th February 2023, About A year ago 9
Hi, I wonder if someone could advise me on the very hefty increase in maintenance charges with very little discussion on affordability for the residents.
I own a purpose built flat in a seafront block and towards the end of last year the residents were notified that the maintenance charges would increase from the already high rate of £3,800/annum (it does include hot water and heating for part of the year) by another £1,800/annum which is part of their 10 year plan!
It makes the flat almost unsellable as anyone who has viewed has balked at the outrageous charges. The managing agents say that it is due to their reserve funds being very depleted and to the unexpected high costs of utilities.
Is it fair for the massive increase and for the very extended period that it is going to be applied to blight future sales of any of the flats?
Do we have any redress?
Thanks for reading and look forward to any help that can be offered!
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