This note advises private registered providers who own or manage retirement leasehold accommodation of the management fee limits for the financial year 2017 to 2018.
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The LSE service charge: From 1 April 2017, the basic limit will be £430. The limit when management is contracted out to an agent who charges VAT will be £493.
Published: 18 March 2016
Updated: 28 July 2017
- Text clarified in attachment (26 July 2017)
- Dates and fee limit updated (28 March 2017).
- First published.