15/06/2026
📘 REAL ESTATE TERM OF THE WEEK
Service Charge
A service charge is a contribution made towards the maintenance and management of shared facilities and common areas within a property.
From security and cleaning services to power supply, waste disposal, landscaping, and facility maintenance, service charges help ensure that properties remain safe, functional, and comfortable for occupants.
Understanding what a service charge covers is essential for both property owners and occupiers, as it promotes transparency, accountability, and better property management.
💡 Before paying a service charge, always understand what services are included and how the funds are being managed.
Have you ever wondered what exactly your service charge covers?