Will! Posted January 9, 2012 Share Posted January 9, 2012 I should add this does include heating and hot water. Three bedroom, 70 sq m flat in nice block. All owner-occupiers, no BTL. Flat is leasehold (sub-lease 160 years) with sub-leaseholders owning a share of the management company that owns the head lease (60 years). Freehold is owned by Southwark Borough Council. A service charge of £1000 pcm for a flat in Camberwell seems a bit high to me, but I don't have much of a sense of typical service charges in London. Any thoughts? (Other than don't buy in Camberwell, obviously.) Cheers Will Quote Link to comment Share on other sites More sharing options...
Rave Posted January 9, 2012 Share Posted January 9, 2012 No, that's completely ridiculous. £2k P/A is the maximum I'd consider reasonable unless the block has a pool, gym, and porter?! Even a poorly insulated flat isn't going to cost more than about £1k a year to heat and provide hot water for. I'd love to know where the rest of it goes.... Oh, and don't buy in Camberwell . Quote Link to comment Share on other sites More sharing options...
thejaksie Posted January 10, 2012 Share Posted January 10, 2012 outrageous the highest i've seen was £7k per annum on a 1000sqft 2 bed. that building included swimming pook, gym, porter, gardens, etc usual charge is between £2-5k I would say if it's a new building with lifts but no fancy stuff Quote Link to comment Share on other sites More sharing options...
sleepwello'nights Posted January 10, 2012 Share Posted January 10, 2012 A service charge of £1000 pcm for a flat in Camberwell seems a bit high to me, but I don't have much of a sense of typical service charges in London. Any thoughts? (Other than don't buy in Camberwell, obviously.) Google Right To Manage. Quote Link to comment Share on other sites More sharing options...
Will! Posted January 25, 2012 Author Share Posted January 25, 2012 Thanks all. No, that's completely ridiculous. £2k P/A is the maximum I'd consider reasonable unless the block has a pool, gym, and porter?! Even a poorly insulated flat isn't going to cost more than about £1k a year to heat and provide hot water for. I'd love to know where the rest of it goes.... Oh, and don't buy in Camberwell . The rest is going on replacing the heating and hot water system, which is estimated to cost £4m. I don't think the service charge will be going down any time soon. Flats in the block still going Under Offer for close to 2007 asking prices though! Quote Link to comment Share on other sites More sharing options...
SHERWICK Posted February 1, 2012 Share Posted February 1, 2012 I should add this does include heating and hot water. Three bedroom, 70 sq m flat in nice block. All owner-occupiers, no BTL. Flat is leasehold (sub-lease 160 years) with sub-leaseholders owning a share of the management company that owns the head lease (60 years). Freehold is owned by Southwark Borough Council. A service charge of £1000 pcm for a flat in Camberwell seems a bit high to me, but I don't have much of a sense of typical service charges in London. Any thoughts? (Other than don't buy in Camberwell, obviously.) Cheers Will There's one born every minute !! Quote Link to comment Share on other sites More sharing options...
BadMouse Posted February 9, 2012 Share Posted February 9, 2012 Is this RPH? I used to own a flat there and the service charge I seem to recall was about £2000 PA. £1000PCM is ridiculous and no, not normal for Camberwell! Prices are still insane in SE5 - people are asking and actually appear to be paying £400++ for a three bed house. Higher than 2007 by a way. Who is buying them? This is Camberwell, why would you pay close to half a million for a small house? Quote Link to comment Share on other sites More sharing options...
Will! Posted February 9, 2012 Author Share Posted February 9, 2012 Is this RPH? I used to own a flat there and the service charge I seem to recall was about £2000 PA. £1000PCM is ridiculous and no, not normal for Camberwell! It is. I've decided not to buy there after obtaining a look at RPH Ltd's accounts. Prices are still insane in SE5 - people are asking and actually appear to be paying £400++ for a three bed house. Higher than 2007 by a way. Who is buying them? This is Camberwell, why would you pay close to half a million for a small house? Indeed. It is absolutely bonkers. Quote Link to comment Share on other sites More sharing options...
Will! Posted August 2, 2023 Author Share Posted August 2, 2023 On 09/02/2012 at 13:42, BadMouse said: Is this RPH? I used to own a flat there and the service charge I seem to recall was about £2000 PA. £1000PCM is ridiculous and no, not normal for Camberwell! Looks like I dodged a bullet. https://assets.publishing.service.gov.uk/media/602e5c31e90e07660dec0aeb/decision1.pdf Quote 6 In 2014-15 the existing communal heating and hot water system was renewed. The renewal works included new boilers, mains distribution pipework to the blocks and new riser pipework supplying heat interface unit in each block. 7 The new heating and hot water system proved unreliable with frequent failures from inception. In an attempt to remedy the ongoing problem the Applicant commissioned an investigation of the system in the final quarter of 2020. This revealed frequent blockage of strainers located in the heat interface units located in each flat. The identified cause of these blockages is iron corrosion products contaminating the system. 8 The Applicant sought advice on appropriate remediation works from their Mechanical and Electrical (M & E) Consultants, FHP ESS. The report dated 25th November 2020 describes the works necessary to address the identified defects. The M & E Consultants have sought advice from two contractors in preparing the works schedule. 9 Theses partner contractors are Watkins Heating Limited and Select Contractors Ltd. The Tribunal are told they both have experience of similar heating systems and specialist skills in remediation of the defects identified at the property. 10 A summary schedule of necessary remedial works is at pages {19-21 of the bundle} Annex A. The works are divided into three phases with a total works programme of 22 weeks. The estimated cost of the scheme is £245,082 inclusive of VAT. 11 The schedule specifies which of the partner contractors will carry out the different tasks. Select and Watkins undertake the majority with professional supervision shared by FHP ESS and a Water Treatment consultant, Parsloe consulting. 12 The bundle includes price quotes (numbers 2411 and 2410) for the work allocated to Select. These amount to £182,869.32 inclusive of VAT. No quotes are submitted for works allocated to any of the other contractors. and Quote 18 There is a demonstrated need to carry out the works urgently to prevent the frequent failure of the heating and hot water system in the flats within the property. The Tribunal are told some 10-15 households a day suffer a failure to their supply. They are also told that the current cost of carrying out ad hoc repairs to maintain the heating and hot water supply to the leaseholders is approximately £18,000 to £24,000 per month. Ruskin Park House.pdf Quote Link to comment Share on other sites More sharing options...
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