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flag Service charges for leasehold flats in England and Wales jumped 11%, now averaging £2,300 annually.

flag Service charges for leasehold flats in England and Wales surged by 11% to an average of £2,300 annually, outpacing inflation. flag This rise, now above £2,000 across all English regions, marks a 33.9% increase since 2019. flag Larger, amenity-rich developments saw faster increases, and 51% of leaseholders now pay more in service charges than in council tax. flag The Labour government faces calls to reform the leasehold sector amid these rising costs.

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