The services provided will be determined by the lease for that particular property. This will depend upon what will be required to manage the property but typically the following services will be provided:
Maintenance, repair and redecoration of communal areas;
Collection of service charges;
Upkeep of any gardens and grounds;
Arranging buildings insurance;
Provision of staff such as a caretaker, concierge or scheme manager.
This is not an exhaustive list and the lease should be thoroughly examined to see what services are required. If the lease allows a service to be provided it will allow the full cost to be recovered from leaseholders by way of the service charge. The lease will usually allow the service charge to include the reasonable costs of management.
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