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10 top tips to avoid being ‘stung’ by service charges

Service charges are usually one of the ‘hidden costs’ when it comes to buying a property. OnTheMarket.com reveals 10 top tips to avoid overlooking those additional fees.

The devil is in the detail, as the saying goes, and that is particularly true when it comes to service charges – those tiresome little add-ons which can inflate bills by so much that the owner is left shaking with fury.

People spend so much energy on landing the property they want and getting their finances sorted that they can often miss vital details in the small print.

However, service charges should be an important consideration from the off when buying a property.

Here are our top 10 tips on how to avoid getting stung for those service charges you may not have budgeted for.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.