How often will the Service Charges increase or will they fluctuate?
It is expected that the Service Charges levied will be reviewed yearly and only if necessary, increased annually. Unless all the owners of the building/dwellings have to pay for an emergency expense, it is not expected that there will be dramatic fluctuations or increases in the Service Charges during the year. There should not normally be an increase by more than 10 per cent in the Service Charges per year.
