London residents protest a 77% hike in service charges, from £4,500 to £8,000 annually, in their shared ownership homes.

Residents in a shared ownership housing scheme in London are protesting against a 77% increase in service charges, jumping from £4,500 to £8,000 annually. Despite Southwark Council's efforts to limit housing costs to 40% of household income, private management companies can still hike charges post-move-in. Residents are angered by paying for facilities used by private residents and are considering legal action, stating that non-payment could lead to eviction notices.

March 01, 2025
6 Articles

Further Reading