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Soaring service charges: ‘I’ve been left with a £60k bill’

For the thousands of leaseholders caught up in the cladding crisis the costs can be eye-watering.

But many are also having to contend with another problem – soaring service charges, which are dictated by the freeholders of buildings.

One leaseholder tells Newsnight his service charge bill has increased by 40%.

Another has been left with a £60k bill to pay, after her service charge was combined with fire safety charges.

Policy Editor Lewis Goodall reports.

Release date:

Duration:

6 minutes