Service Charge -Breaking Point.
In recent years, the issue of service charges has become an increasingly contentious topic. Across the UK, housing associations are steadily raising these charges, putting a severe financial strain on residents. What was once deemed "affordable housing" is, for many, becoming anything but affordable. This shift affects a wide range of people—leaseholders, shared owners, and those relying on universal credit or housing benefits to cover rising costs.
Rent & Service (miss)charges
Over the past year, numerous UK social housing providers have been implicated in overcharging residents for rent and service charges. These issues have led to significant financial burdens for tenants, prompting widespread frustration and complaints.
Already considered an ever-increasing cost that spirals further out of control year on year, residents now have to question if they are being illegally overcharged or if these costs are simply being mismanaged. One thing we can all ponder is whether this is just the tip of the iceberg.