Actual Service Charge Statement for Residential Property

This Actual Service Charge Statement for Residential Property should be used to record and communicate the past year’s service charge expenditure to tenants of long residential leases.  It can be prepared once the service charge accounts for that year have been finalised and should then be sent to the tenant. This Statement is suitable for use in relation to any residential property where the tenant is required to pay a service charge (for example, long residential leases).  

Under the Tenant Fees Act, a service charge payment cannot be charged to a tenant under an assured shorthold tenancy.

Tenants will have made payments based on the Estimated Service Charge Statement issued earlier. After the Actual Statement has been issued, it may then be necessary for the tenant to make an additional balancing payment, or for the landlord to issue a refund. Alternatively, any overpayment can be carried forward as a credit against the following year's service charge.

What Does the Actual Service Charge Statement Include 

This Actual Statement contains fields for the landlord’s and tenant’s details, property address, tenant reference number, service charge period covered by the statement.  It also includes a detailed table listing service charge items, actual costs, estimated costs and difference (credit or debit) should be entered in the table.

This Actual Service Charge Statement for Residential Property is a Microsoft Excel document in open format. Either enter the requisite details in the highlighted fields or adjust the wording to suit your purposes.

Once you have purchased access to the appropriate document folder click on the “Download Document” button below. You will be asked what you want to do with the file. It is recommended that you save the document to a location of your choice prior to viewing.

Actual Service Charge Statement for Residential Property is part of Property. Just £38.50 + VAT provides unlimited downloads from Property for 1 year.