The new service charge is a joke.
I thought this was supposed to be affordable housing? How is sticking a £60 charge on top of the existing rent affordable!?
I wouldn’t have minded paying for the service charge as such if we had of kept the brilliant consierge service.
I have two questions:
1. Was Irwell Valleys’ budget so much in the red last year that to balance the books this year they are making us pay for the service charges and getting rid of the consierge service?
If the figures are correct of why the service charges are what they are (£60 a month) and the amount they stated it would cost per resident to keep the consierge service (£180 a month); this means they are saving £240 per month per resident compared to the last financial year.
2. What exactly does my rent pay for? We’ve had a breakdown of everything except what our rent actually pays for.
If you take the above figure and multiply this by the approx. 182 flats in Fitzgerald, Southey and Castleton, it means they are saving/gaining £44,640 per month across these three buildings. That’s £535,680 per year.
This is on top of the almost £60k they make per month on the standard rent alone.
Where’s my money going!?