Service Charge Code – Evolution Not Revolution

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Since its launch as a Professional Statement in 2018 The Service Charge Code has become the key term of reference for conducting service charges in commercial properties. Like all good service charges even the Service Charge Code needs to be reviewed and kept relevant. The Code is currently undergoing a review, refresh for launch in mid-2024.

This talk will cover :

• Bringing the Code up to date – why now – the process – key themes
• A summary of the changes being introduced in 2024
  • What’s new and why
• Review of the “new” Code requirements  and putting it into practice
  • Mandatory requirements
  • Best practice principles

* The format hopes to fit in with the release of the consultation of a revised Service Charge Code – if this is delayed the format will alter slightly but will still cover the key Service Charge Code topics for practitioners

Jonathan Lovejoy, Head of Commercial Surveying, British Land PLC