Q. What is the Management Fee?
The Management Fee is one element of the service charge and is Trinity’s charge for providing the day to day management service.
Trinity’s Management Fee is based upon a set annual charge per property. It is not based on a percentage of expenditure which of course would give no incentive to keep costs down.
In general, Trinity increases its Management Fee each year in line with inflation.RETURN TO FAQ’s
Other Service Charge & Ground Rent questions
- What are my rights?
- Why is my Service Charge higher than my neighbour or the building down the road?
- What do I do if the wrong name is on my service charge invoices?
- What has happened to the Service Charge that I paid to the developer when I bought my home?
- My property is empty, why do I have to pay?
- What is the Sinking Fund and Redecoration Fund?
- Why do I have to pay Service Charge when I live in a Freehold House?
- How do I know what Trinity is spending my Service Charge on?
- Why has my Service Charge increased?
- How can I pay my Service Charge or Ground Rent?
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