I
United Kingdom·56d ago
Sample
Free
Leasehold Service-Charge Audit
Problem — UK flat-owners face annual service charges of £2K-12K, often with £400-3,000 available in potential savings through audits. A specific case involves a leaseholder overpaying due to unreasonable charges. Who feels it — Approximately 4.8M leasehold properties in the UK, all of whom can benefit from cost recovery. MVP hint — A basic audit tool that reviews service charge invoices against the 'reasonableness' test under the Landlord & Tenant Act 1985 would be essential. Why now — Rising awareness of consumer rights under recent housing regulations amplifies demand for audits. Revenue — Charging £99 per audit plus 20% of reclaimed savings sets a clear revenue model for this service.