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Chatham Maritime Trust
Service Charges
South Maritime
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Service Charges
All developments on the South Maritime Estate are held on long leases. These are typically c.150 years, though some earlier leases may have different terms
All developments pay an annual service charge, which covers the costs of maintenance and services on the South Maritime Estate, including the maintenance and cleansing of non-adopted estate roads, the maintenance of roadside landscaping, estate security, insurances and management.
The South Maritime service charged is apportioned between developments on the basis of site area, and South East England Development Agency makes payments to the Trust in respect of undeveloped sites.
The apportionment assumes that the total area of developed sites (including those allocated for building but not yet developed) is 42.5 hectares (105 acres).
The precise area of some undeveloped sites may change when development commences, due to decisions over road access and open space. When the South Maritime Estate is fully developed, the total aggregate area will be recalculated and the apportionments amended accordingly. This is likely to make only a very marginal difference to the current apportionment of any given development.
Some older leases to not have service charge provisions. Contributions apportioned to these developments are met out of a special fund held by Chatham Maritime Trust and ring-fenced for this purpose.
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