How service charges in flats spiralled out of control

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The story "How service charges in flats spiralled out of control" was covered 17 hours ago by BBC Business, a news publisher based in United Kingdom.

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How service charges in flats spiralled out of control - BBC Business

Quick Summary:

Bills for leaseholders have risen by 44% since 2016.

Is Labour's new plan really the solution?

However, industry insiders argue that there are legitimate reasons for rising charges, including the repercussions of the Covid-19 pandemic, as well as the fallout from Brexit.“We have seen significant inflation in recent years, as well as extensive material cost increases following the Covid pandemic.