Leaseholders face soaring service charges

Leaseholders in Britain are struggling with skyrocketing service charges, making homes difficult to sell. Data from PropertyData shows average charges in London range from £10,000 to £20,000 annually. Michael Dent, director at PropertyData, noted that charges exceeding 2% of a property's asking price deter potential buyers. In some cases, charges have reached six figures. The average service charge in London is now £4,120 per year. 

Daily Mail (15/10/2025)