In Conclusion- Service Charge Misery

December 1, 2008
by News on the Block Editorial Team

If you think you’ve got it bad with your service charges, spare a thought for your compatriots over in the commercial property sector.‚  Tenants at the newly opened Westfield centre have reportedly been told about an increase in their service charges by up to 75%‚  just days after the £1.6 billion shopping centre opened.‚  The service charge hike means some tenants may be paying more than £500,000 a year in service charges.

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