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How to deal with service charge debts in your block.

 

When leaseholders don’t pay, or fall behind with, their service charge payments it can cause problems for everyone else in the block. The managing agent may not have enough funds to carry out important maintenance or provide the key services that everyone expects.

In this Advice Note, well take a look at some of the issues and legal restrictions that leaseholders, Residents Management Company (RMC) directors and their managing agents face when pursuing service charge debts.