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Notice

LSE management fee limit for 2024 to 25

Advice for private registered providers who own or manage retirement leasehold accommodation

Applies to England

Documents

Details

Updated 31 March 2024

This note advises private registered providers who own or manage retirement leasehold accommodation of management fee limits for the financial year 2024/25.

From 1 April 2024:

The basic limit will be: £600
The limit when management is contracted out to an agent who charges VAT will be: £688

These limits have been agreed with the Department for Levelling Up, Housing and Communities which has policy responsibility in this area.

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