Service Charge Apportionment Schedule for Residential Property

This Service Charge Apportionment Schedule for Residential Property can be used by property managers, agents and/or residential landlords to set how the service charge costs are allocated between the parties who benefit from the services. The service charge costs are allocated between the parties on a floor-area apportionment. Apportionment based on floor area is the most common and often the simplest method of apportionment.

When and How to Use the Apportionment Schedule

The template 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.

What Does the Service Charge Apportionment Schedule Include?

This Apportionment Schedule contains fields for the landlord and tenant details, property address, the relevant period, the address details of the different units within the property and the names of the tenants. The area of each unit/floor (expressed in square feet) and the corresponding percentage contribution towards the total service charge costs should be entered in the table.

This Service Charge Apportionment Schedule 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.

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