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Truthfully - id avoid shopping for a leasehold flat Had a nasty service cost company with my old nightmare flat The service cost is around £1600 yearly and there is no ground lease. I live in a leasehold flat. There is a LOT within the press at the moment about leases and the steep rise in service charges. "Personally I would not buy this.I would instead purchase a flat with a share of freehold in a building that doesn't have any probably flammable materia I would not.a hundred and seventy isn't a very good lease.What's the service charge ?