LEASE (Leasehold Advisory Service) updated its guidance on service charge demands in September 2026. The key change is that management fees must now be expressed as a percentage of the total service charge budget and cross-referenced to the specific services provided, rather than stated as a lump sum. This follows the Leasehold and Freehold Reform Act 2024 requirement for greater transparency in charge schedules.
Guidelines for calculating maintenance charges updated
The Leasehold Advisory Service has published revised guidance on how service charges must be itemised and what counts as a reasonable management fee.
Area Property
Type Guidance
Published 5 August 2026
Status In force / published
What this means in practice
This guidance affects Property matters in England & Wales. It is now published and applies. If this area of law is relevant to your situation, review any contracts, notices or deadlines that may be affected.
Read the official text
Primary source
Leasehold and Freehold Reform Act 2024 — legislation.gov.ukThis item summarises a legal development for general information only. It is not legal advice. Always check the official text and, for your own situation, consult a qualified lawyer.