Hive mind help needed please!
Residents associate wants to put up service charge and I think it's crazily high.
I have a 2 bed flat and the leasehold is owned by by the residents association who employ a managing agent. There are several blocks in the development, our block has about 20 flats, 5 of which are ground floor and accessed by their own front door. The remaining flats are accessed by communal entrance and lift/staircase.
There is a caretaker who lives onsite and looks after communal grounds and odd jobs. Service charge is currently £200pcm. I have done a survey of similar properties in local area and this seems roughly double what other properties are paying.
The residents association is proposing raising this to £250pcm to pay for various things redecoration [OK], stair lifts [not OK, there is an existing lift!], new communal entrance area doors, enlarging the entrance hall, painting the garage doors a different colour etc.
To give you an idea of the service charge my neighbour rents his identical flat for ~£1200pcm
My flat has it's own front door and I've never even set foot in the lift or communal areas. The problem is that there is a growing number of elderly residents who are voting yes to all this stuff and are being led along by the managing agent. I think a lot of them have too much time/money on their hands and are spending money on the place just because they are bored and want a project.
Is there any way I can resist this service charge increase if I am in the minority? I really don't want to sell up.