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  • I realise it's hard to compare like for like but what are people paying for Service Charges? I live in a 3 storey victorian conversion with x4 flats and it's approximately £1400 a year.

    I've requested a break down from the managing agent but as far as I'm aware this doesn't include a sinking fund.

    I think the other leaseholders and I would be eligible to apply for the RTM but it doesn't seem worth the trouble unless there's a significant saving to be made.

  • RTM isn't a fix-all. If you're worried about a sinking fund, you can just ask your managing agent to make a provision for one. If they agree to raise it with the other leaseholders and are generally responsive, I'd say they're one of the good ones and you're probably right not to look at RTM.

    I live in a 24 flat block in Leyton and I pay £150 pcm with around £60k in the sinking fund. Prior to RTM I was paying £240 pcm.

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