Tag Archives: flat

service charge 1oct19-31march20

28 Sep

london 5.17pm 18C cloudy saturday 2019

estimated cost £510. half yearly. so roughly about £1000 a year. hmm, it was about £1200 last time. so maybe this is an underestimate. this is the cost of running the housing estate.

cost of council tax for my flat in band D is about £710 a year.

so that is the total  cost of service charges of having a flat here in central london.

there is water charges £320 a year , utilities like telephone(broadband) £240 a year. and electricity £1200 £216 a year.  but those are variable according to usage, and that is it. another £2000 £800 a year would cover all that. i think. so total £3700 £2700 for a year. so roughly about £7.40 a day. (i am really surprised why i made that mistake with the electricity costs. i think i confused my usage of 1200kwh, for the cost, so i recalculated. all in total cost in running the flat £225 a month.)

of course, most people will be paying more because of rent or mortgages. not me that is why my impression that it is very cheap to live in central london might  not be normal. i dont know how much rent a 2bed flat in central london costs nowadays.(at a guess perhaps £2000 a month here in westminster, that would be a hefty £24000 a year. a sum that i cannot imagine paying. i can understand how and why the rent is the biggest expense for everyone). but i think if i were renting on my own, i would go for a room , and that would be about £800 a month. i think, inclusive. it wont be so easy living, as i would have to share with the owner, and a lot of people are not that easy -going to share a kitchen with. but you can see, if i dont allready own my flat outright, i would never be able to live in london, with an income of about £666 a month .

even my food bill and household bills (cleaning , eg washingupliquid,laundry liquid,toiletpaper,that kind of thing) is very low. they total about£40 a month average i think. and i get free transport too. so all in all, it is really very cheap to live in london for someone like me. and i dont even deprive myself of anything.

are there a lot of people like me i wonder? i mean all people over 60yrs in london gets free transport. and i know of some pensioners who live around here who have rent controlled flats which are kept low because of their age. and there is even a govt scheme to top up a old person’s income if it is below a certain level so that they get it increased to about £600 a month. i just happen to get that from my various pensions, so am not eligible for the top up. even then , the income is more than adequate for my daily expenses, in fact, i save a lot of it, without even trying. this is because there is nothing i want to buy … perhaps it is because i dont have bad habits, like drinking and smoking… those two habits can really make u spend and spend. a bottle of wine is about £5 upwards. average about £7. and it is real easy to finish a bottle, if u are a drinker. and the sky is the limit isn’t it, when it comes to drinking alcohol. i am just glad i dont like the taste of alcohol. haha. but in life, we all want something more. we dont like to just exist, do we? so some eat, drink, have sex, travel, what else can a person do to enjoy life?



water tank bill

14 Dec

london 12.40pm4.8C cloudy friday 2018

i got the estimated bill for the replacement of the water tank in our block , insulation of the cold water pipe and upgrades on lighting. the work allready has been done. begun in june2018 and finished dec 2018. i hardly noticed it, there was so little disruption. i was imagining a huge water tank being brought down from the attic by a huge crane, anchored in the courtyard and another huge new tank lifted up with the roof being taken out and then re-roofed. but thank goodness nothing like that happened. it was all done invisibly. and there was not interruption of our water. the tank supplies all our water to the bathroom and toilet.

my share comes to £4215.85 this is put here just for my record.

i think it is a good idea of theirs to warn us about this amount to pay so that it does not come as too much of a shock and allow people to start saving for it, or adjusting their spending. esp now when christmas is near and there will be the temptation to spend it up.

usually jan is when all the bills come home to roost. and it can be rather daunting to suddenly have to come up with a huge bill for all the various outgoings. not to mention the psychological aspect of it , having to pay out so much at one go, and seeing such a big drop in your balance. somehow paying a small amount over a longer period of time seem to make it less noticeable. 

now at least we can start paying this bill now and spread it over a period of time, rather than wait for the final bill which does not give you much time to pay.

you might say it is rather perverse of these businesses to bill in jan, or feb, just when dec is a high spend month, what with christmas and all. why dont they do it during june, july, when only those going on big holidays will be overspending. and there are no big festival to spend on. but perhaps it would not make much difference, those who are careless with their budgetting will get into debt anyway. 








cost of maintaining a flat in westminster, london

2 Apr



Strange, i wrote the post but it disappeared when i posted it.So here goes again.

this is for my own reference though it might interest those curious to know how much it actually costs to live in london in a 2bdroom flat on first floor in borough of westminster, london.

Council tax for westminster for 2014-2015 £676.74

Service charge for my block and estate. £1200 a year (I pay 4% of my block charges, 0.25% of the estate charges). We dont have lifts thank goodness. 

bbc tv license £145 a year. everyone pays this if they have a colour tv.

water bill £308 a year. we share a communal water tank, so cannot instal individual water meters.

Telephone £120 a year line rental £50 a year broadbandpackage, total £170. 

Total fixed costs £2499.74 or £208.25 a month.

Not bad really considering i am living in central london in a spacious flat.

I have not included electricity charges , food bill etc, as they are variable and under each person’s control. 

Added. For really a comprehensive cost analysis, i should add the 10 yrly requirement to repair/repaint the exterior of the block of flats and that comes to about £70 a month spread out over 10yrs; (£7000 which was the cost last time it was done 2yrs ago).

added.23.4.14 the reason that prompted this post is because this month, april, i was suddenly lumped with a huge bill for these costs. the half yearly water bill, the half yearly service charge bill, the first of the monthly direct debits for the council tax bill. it totaled about £800 for this month. i can see how such sudden jump in costs can derail a person’s budget and throw them into deep debt if they are not the kind of people who save. fortunately i always save so this did not cripple me. not for the first time i am glad i am frugal and save money even if at the time there dont seem any reason for it.instead of spending it because i thought i got lots of money i am glad i did not … now i reap the reward of my frugality.