High price of owning a flat: Leasehold service charges hit an average of £2,405 a year

Flat leaseholders in England and Wales paid an average service charge of £2,405 a year in 2025, data shows.

On average, homeowners with leasehold flats forked out £200.42 per month on service charges in 2025, a 4.6 per cent increase from 2024, estate agency Hamptons said.

Last year marked the first time monthly service charges for leasehold flats surpassed the £200 mark.

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