Service Charges and Major Works: Problems Selling?
Are service charges or proposed major works putting buyers off or holding up your remortgage? Perhaps a substantial bill has arrived, the reserve fund is insufficient, or nobody can confirm your likely contribution.
What did the accounts and management information reveal when you bought? Were known works, estimated charges and financial uncertainties explained?
Visit When I Bought to explore the original purchase and arrange an initial conversation about what happened. You do not need to know whether anyone was at fault before getting in touch.
A major-works bill has arrived. Could the warning signs have been there when you bought?
Service charges are putting buyers off. Proposed works have left your contribution uncertain. Or a substantial demand has raised questions about what you were told before purchasing.
What did the management information disclose, and was its significance explained?
When I Bought helps you explore the original purchase and the records that may matter. A later increase does not automatically mean the original advice was wrong, but you can start a conversation without deciding whether anyone was at fault.
Service charges or major works? Tell us what happened →
An initial conversation. No report to buy. No claim to start.
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Trapped by a leasehold property: what might you have wanted to know before buying?
A leasehold problem may not become obvious when you buy. You may pay the service charge, keep up with the ground rent and live in the property for years without difficulty. The problem can surface later, when you try to sell or remortgage and a buyer, conveyancer, valuer or lender looks closely at the lease.…
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The £7,000 Service Charge: Could You Still Sell the Flat?
Service charges in older tall buildings can exceed £7,000 a year on average. Buyers need to understand the current bill, reserve fund, major works and future saleability before exchange.