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Here are several reasons why you as an owner should ensure to pay your service charges:
– You agreed to do so by signing the lease when you bought your home.
– Under Section 18 of the Multi-Unit Developments Act 2011 you have a legal obligation to pay.
– The OMC needs the money to provide services (such as waste collection, block insurance, repairs and maintenance) to you, your neighbours, and your properties.
– If you fail to pay, in effect you are expecting your neighbours to make up the difference.
– If you fail to pay, you are causing diminished services levels within the estate.
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