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I am interested in a leasehold property, how will I know what are the service charges and how will I determine if it’s a fair price?

Service charges are applied to different properties that is why it is advisable to gather specific information about a property’s service charge, this is to ensure that you can afford to live in the place.
The purpose of paying the service charge is to upkeep the maintenance of the property including the land, electricity bills, communal gardens, and communal areas in a house. If the service charge cost is too high for you, as a leaseholder to the property you have the right to request for a summary of accountabilities where the service charge is being used, you can also ask for amounts calculated and any receipts from expenses being made for the maintenance of the property.