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Trump demands TV networks lose licenses after refusing to air speech | News

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President Donald Trump said American television networks that didn’t air a speech he gave on 16 July night should lose their licences.

Speaking during his address to the nation, which focused on election security, Trump also said that TV networks that did not air his speech were engaged in a “plot”.

“They and others in the media are part of a plot. They want to continue this fraud for whatever reason,” he said. “Fraud like this should mean a revocation of their licences”.

Two of the three major US television networks, NBC and ABC, as well as CNN did not broadcast the primetime address by Trump on their primary platforms, risking the ire of the administration.

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Networks enjoy broad First Amendment rights to decide what to broadcast, experts say. Historically, though, broadcasters carried most such speeches on the grounds that they provided information of public importance.

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World Cup 2026: Thousands of tickets still available for England-France

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General view inside the stadium the Miami Stadium

Around 7,000 tickets are still listed on Fifa’s ticket sites for Saturday’s World Cup bronze medal match between England and France.

As of Friday at 10:00 BST, the game in Miami (kick off 22:00 BST) has not yet sold out with 1,246 tickets on general sale listed at $865 (£657) and $1,125 (£855).

There are a further 5,864 tickets available on the official resale platform, with the cheapest being category three available at a face value of $455 (£346) plus Fifa’s 15% fee.

However, there are many tickets in the higher-priced categories listed well below what they were purchased for.

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A category one ticket with an original price of $1,125 (£855) has a hugely discounted price of $659 (£500).

Sunday’s World Cup final is also not yet fully sold out, with 32 of the most expensive tickets still on general sale.

However, these tickets cost between $29,995 (£22,796) and $32,970 (£25,057). These are standard tickets, not VIP.

More than a thousand tickets remain available on the Fifa resale site, several around face value plus the Fifa fee.

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The original price of these tickets was $7,380 (£5,609), which means if you decided to buy one of these, Fifa will add an extra $1,107 (£841).

The most expensive resale ticket for the final is listed at $2m (£1.52m), plus a Fifa fee of $300,000 (£228,000).

Prices on resale are set by users and do not directly reflect what people are actually paying.

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Council calls for Rochdale grooming gang leader deportation

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Council calls for Rochdale grooming gang leader deportation

Mr Ahmed, now 73, has already been stripped of his British citizenship and is left with only Pakistani nationality.

The Government has already started the process of making changes to the law to allow the deportation of the convicted rapist and sex offender.

At the latest town hall meeting in Rochdale, councillors urged the government to end the legal loophole in the Immigration Act 1971 that prevented the deportation of Mr Ahmed and other offenders.

The 1971 law currently forbids the removal of a small group of Commonwealth citizens who arrived in the UK more than 50 years ago.

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A motion, tabled by council leader Neil Emmott, also provided support to all victims of the grooming gang, who have to live with the devastating impacts of their crimes.

Cllr Emmott said: “For those survivors of grooming gangs and child sexual exploitation (CSE), every time this comes back into the media it tears a scab off the wound of those victims.  

“Shabir Ahmed was the leader of the grooming gang and sexually exploited those women in our community. He showed no remorse at that trial.

“Let’s see him deported.”

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Reform, Workers, Conservatives and Lib Dems all agreed the grooming gang leader should be deported.

But Workers Party’s Cllr Mohammed Shafiq said all foreign nationals committing heinous crimes should be deported, no matter their race or ethnicity. 

This statement was repeated amongst councillors across the chamber in Rochdale Town Hall. 

Rochdale Town Hall. Uploaded by George Lythgoe. Credit: LDRS. free to use for LDRS partners

Cllr Shah Wazir simply said: “He is an evil man. We don’t want him in this country.”

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Shabir Ahmed was one of nine in the grooming gang who exploited young girls at two takeaways from 2007. He was jailed in 2012 for 22 years for his crimes but was released earlier this month after serving 14 years of his sentence.

He is currently unable to return to his address in Oldham and is banned from parts of Rochdale.

The government has announced plans to change the law in order to facilitate his removal from the country. However Pakistan is continuing to resist any move to return him there.

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Parents of boy injured in crocodile enclosure share fear after incident

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Cambridgeshire Live

They said it was the ‘worst feeling in the world’

The parents of a three-year-old boy injured in a crocodile enclosure said they didn’t think he “was going to make it” in a new update. The young boy was left seriously injured after he ended up in the crocodile enclosure of Johnson’s Zoo in Old Hurst on June 18.

He has since been in hospital, undergoing multiple surgeries to treat his injuries. A GoFundMe has been set up to support the family and has so far raised more than £67,000.

The boy’s parents have provided an update on their son’s health, sharing that he has undergone his seventh surgery. In a post on the GoFundMe page this week, the parents said: “Our son had his seventh surgery.

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“In that surgery the surgeons completed a nerve graft on his left arm. They harvested a nerve from his leg to replace part of the nerve that was missing in his left arm.

“Over time, this nerve will hopefully embed and help our son to regain some function in his left hand. We won’t know whether the nerve graft has been successful until tests can be carried out in a few months time.”

The parents added that the boy has now been in hospital for more than a month. They explained that when he first arrived on June 18, he underwent a 12-hour surgery where surgeons “performed miraculous things”.

They added: “They were faced with tendon damage, nerve damage, blood vessel damage, broken bones and severe tissue damage in both his arms, neck, head and face. Those were the worst 12 hours of our lives as before that we were signing consent forms involving resuscitation and amputation.”

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In a devastating reflection, the update said: “We were unsure if our son was going to make it and that was the worst feeling in the world. 4 weeks later and the cheeky little boy that we love so much is talking to the nurses, playing using his feet and smiling again. We are amazed at how far he has come.

“We are not at the end of our journey but are hopeful that the surgery will be the last for now which means if everything goes well we will be able to go home soon.” Once home, the parents said they face “new challenges”, helping their son to recover “physically and psychologically”.

They added: “Both of us are taking time off work temporarily to support our son during his rehabilitation. We don’t know what recovery and rehabilitation looks like at this moment in time but we know our son needs us more than ever.

“Thank you again for all your well wishes and support during this difficult time. We are forever grateful that you have all helped us to stay by our son’s side every step of the way.”

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His & Hers Beats Bridgerton To Be Netflix’s Most-Watched Show Of 2026 So Far

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His & Hers Beats Bridgerton To Be Netflix's Most-Watched Show Of 2026 So Far

Netflix has released its data about which of its original shows have pulled in the most views so far this year.

And while some of its biggest flagship shows, including Bridgerton and Stranger Things, have made the top 10 list, the top spot has been taken by a new release.

In fact, the mystery thriller His & Hers has seized the number one position after being viewed for 104 million hours worldwide between January and June 2026.

The show was released in the second week of January, featuring leading performances from Tessa Thompson and Jon Bernthal.

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Just behind on 100 million hours watched was the fourth season of Bridgerton, the release of which was split between January and February of this year.

His & Hers pulled in slightly more viewers than Bridgerton in 2026

Interestingly, Harlan Coben adaptations I Will Find You and Run Away occupy the number three and five spots, respectively, with the final season of Stranger Things sandwiched between them at number four.

Stranger Things’ final run of episodes were split into three unique drops, beginning in November 2025 and ending on New Year’s Day in the UK.

The full top 10 list is as follows:

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  1. His & Hers (104 million hours)
  2. Bridgerton season 4 (100 million hours)
  3. I Will Find You (64 million hours)
  4. Stranger Things season 5 (56 million hours)
  5. Run Away (50 million hours)
  6. Teach You A Lesson (48 million hours)
  7. One Piece season 2 (47 million hours)
  8. Man On Fire season 1 (40 million hours)
  9. Ms Rachel season 1 (37 million hours)
  10. The Night Agent season 3 (36 million hours)

Earlier this year, when asked if the limited series His & Hers could potentially get a second run, executive producer William Oldroyd enigmatically told TV Insider they’d “have to ask Netflix”.

He insisted: “It was conceived as a limited series. We didn’t think beyond that.

“I think we’ve created some great characters. The twist is terrific, and the audience is really reacting to it […] Again, I think you have to ask Netflix to see what plans they have.”

Tessa also cast doubt on the possibility during an interview with The Playlist, claiming the show’s finale was a “perfect ending”.

However, in that same interview, she also floated the idea of future series of His & Hers that follow different characters entirely.

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Tessa Thompson in His & Hers
Tessa Thompson in His & Hers

As for Netflix’s original films, War Machine is the most-watched in the first half of 2026, followed by the Matt Damon and Ben Affleck action comedy The Rip and the animated adventure Swapped.

Even a year on from its release, KPop Demon Hunters is still pulling in viewers, sitting at number four, followed by Apex, Thrash and People We Meet On Vacation.

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Major Oldham flyover to fully shut for weeks as drivers issued traffic warning

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Manchester Evening News

Already facing queues at the busy roundabout, full closure could mean further delays

Drivers will face delays in Oldham as a dual carriageway near the town centre shuts. The closure will be in place until September.

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Oldham council has issued a reminder to drivers as the Manchester Street Viaduct, a flyover next to Oldham town centre, will close for refurbishment. This is part of £6.5m works which started on May 18 and are due to finish in December 2026.

The A62 will be closed completely in both northbound and southbound directions from July 19 to September 3. The project is being funded through a mix of Oldham Council as well as Department for Transport funding.

The viaduct was built in the 1970s and ‘is now in a poor and deteriorating condition due to its age’. Oldham Council said: “It is in need of repair and improvement to extend its lifespan, to keep Oldham Way open and maintain the resilience and efficiency of the existing highway network.

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“Since being built no maintenance works to halt deterioration have been undertaken. The planned works will ensure the structure remains in service for years to come.

“The planned maintenance works includes waterproofing, expansion joint replacement, concrete repairs, parapet refurbishment and resurfacing.”

The viaduct is located above the A62 Oldham Way/Manchester Street roundabout and carried high volumes of traffic from Manchester, Oldham, Rochdale, and other parts of the borough.

Works are currently taking place with the carriageway cut down to one lane. Drivers have face delays already due to the works and with both lanes due to close, this could get worse.

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The local authority said it was ‘working with our project team to ensure that works are phased in such a way to minimise disruption to local businesses and residents over this period’.

However drivers going south are being told to leave the A62 at the Manchester Street roundabout exit slip road, go around the roundabout and rejoin the A62 at the next slip road. Those going north are being told to do the same in the opposite direction.

The council added: “Most of the work will be carried out using lane closures to help keep disruption to a minimum. However, some full closures of the viaduct will also be needed so that important concrete repairs can be carried out to key parts of the structure.”

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Explaining the need for the project, the local authority said: “Typically, highway structures have a design life of up to 120 years. To achieve the design life maintenance interventions are required as materials and components deteriorate over time.

“Manchester Street Viaduct was constructed in the late 1970s. To date, no maintenance works to halt deterioration have been undertaken.

“As such, Oldham Council are undertaking planned maintenance of the viaduct and ensuring the structure remains in service for years to come.

“The planned maintenance works includes waterproofing, expansion joint replacement, concrete repairs, parapet refurbishment and resurfacing.”

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James Corden and his wife Julia Carey return to Beverly Hills as they enjoy dinner date near their old neighbourhood after quitting LA life for the UK

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James Corden and his wife Julia Carey have been enjoying some time together in their old home city of Los Angeles, heading out for a romantic dinner date this week

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James Corden and his wife Julia Carey have been enjoying some time together in their old home city of Los Angeles, heading out for a romantic dinner date this week.

The couple were spotted strolling to celebrity-favorite pasta restaurant Funke in Beverly Hills.

The TV star, 47, looked dapper in a black shirt and jeans whilst his wife of 14 years looked chic in a white coord set and sandals.

The couple used to live just five miles from Beverly Hills in a vast family home in the exclusive Brentwood Park neighbourhood.

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They sold the seven-bedroom estate in 2023 for $17.1 million after James quit his US series The Late, Late Show to relocate back home to the UK.

Lately though the star has been back Stateside, returning to US broadcasting to host the World Cup after show for Fox, with ex-England captain Rio Ferdinand and comedian Ian Karmel, formerly co-head writer on The Late Late Show.

James Corden and his wife Julia Carey have been enjoying some time together in their old home city of Los Angeles, heading out for a romantic dinner date this week

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‘Soccer is a massive part of my life,’ he explained when his new venture was announced. ‘In the eight and a half years that I lived in Los Angeles, I would go and watch Galaxy games with Zlatan Ibrahimović when he was playing, and I saw the rise of LA.’

‘It really feels like now is an incredible time for North America to be hosting this tournament and we’re going to really try and have some fun.’

James and Julia, who married in 2012, share three children, Max, 13, Carey, 10, and Charlotte, seven, and he has admitted it has been ‘hard’ on his family to split their time between their home in the UK and US for James’ work since their relocation.

The actor was also working in the US last autumn, starring in the Broadway musical Art.  

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He explained to People.com back then how his family had been flying back and forth.

‘It’s hard, but very lucky we were here for the whole time of rehearsals and they’ll be back out for a couple of weeks in October,’ he said. ‘I get to go home, actually, this weekend because I had something I was already booked to do before this arrived, so … it’s okay, we’re getting through it.’

James quit his job hosting The Late Late Show after eight years to spend more time with his family.

It aired its last episode in April 2023, and James subsequently moved back to London with Julia and their three children.

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The couple were spotted strolling to celebrity-favorite pasta restaurant Funke in Beverly Hills three years after relocating from LA to the UK

The couple were spotted strolling to celebrity-favorite pasta restaurant Funke in Beverly Hills three years after relocating from LA to the UK 

Explaining his decision to Extra, he said: ‘My kids are getting older, their grandparents are getting older, and it perhaps just felt like the right time for us as a family to be freer in our decisions.’

Speaking to Drew Barrymore about his exit, James admitted: ‘Look it’s not easy in any way to walk away from something that is so, I mean, I’ll never work in a better environment than the one I work in now.

‘Nothing about leaving the show was to do with not enjoying it. I love it. But the truth is it became a very easy decision because I always knew it was an adventure and I never, ever considered it to be the final destination.

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‘But I will know, at my core, that the best thing for me and the best thing for us as a family is to put down some roots in London, and it feels absolutely right in every single way.’

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Girl, 4, dies in crash as ‘devastated’ family pay tribute to ‘sassy and funny’ sister

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Wales Online

Olive Farrow was tragically killed after being hit by a car in Nottinghamshire on Sunday

The family of a four year old girl who tragically died after being struck by a vehicle have described her as a “cheeky, funny and sassy little girl” who was excitedly looking forward to beginning primary school.

Emergency services were called to Nottingham Road in Gotham at 2.28pm on Sunday after reports that Olive Farrow had been involved in a collision, according to Nottinghamshire Police.

The force confirmed that the youngster sadly died in hospital shortly afterwards. A 59-year-old man was arrested on suspicion of causing death by dangerous driving and has subsequently been released on bail, reports the Daily Star.

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In a moving tribute issued by the police on Friday, Olive’s family stated: “Olive was a cheeky, funny and sassy little girl, who may have been tiny in size, but she certainly made up for it with her big personality.

“Not a day went by without Olive singing and dancing her way round the house and spreading her affection; always kissing and cuddling and going out of her way to be kind to everyone.”

“Olive’s memory will live on with all the colourful paintings we have around the house. Quite often she would take herself off and come back with a beautiful work of art as she was so creative.”

They added that she was “inseparable” from her two brothers Teddy and Sonny, whom she “looked up to with so much love”.

Her family continued: “Olive was due to join Sonny at primary school, having had her taster sessions. She was so excited to be joining her brother there.

“No words can express the loss and pain felt across the family and all that knew Olive, we are utterly devastated to think we can no longer hold her in our arms.

“We would like to thank the community for coming together to support us through this difficult time. It has helped greatly to see the outpouring of love with the messages and flowers laid on Nottingham Road.”

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The family has organised a vigil at St Lawrence’s Church in Gotham on Friday for friends, relatives and members of the local community, and have requested that media representatives do not attend.

Sergeant Paul Clark, from Nottinghamshire Police, said: “This is a deeply tragic incident, and our thoughts continue to be with Olive’s loved ones at this unimaginably difficult time.

“The circumstances of her death are being investigated, and we would ask people not to speculate on social media. I would also ask the privacy of the family is respected as they come to terms with what has happened, including at today’s vigil.”

Anyone with information is asked to contact the police quoting incident 424 of July 12.

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Essex crash death: George Dennis’s heartbroken mother pays tribute to ‘kindest’ 11-year-old who died in lorry collision

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Essex crash death: George Dennis’s heartbroken mother pays tribute to ‘kindest’ 11-year-old who died in lorry collision

An 11-year-old who died after a collision with a lorry was “a bright light” in the lives of his family and friends, his grieving mother says.

George Dennis was seriously injured in the incident on Ongar’s Epping Road on 10 July, about 4.20pm.

He was rushed to hospital but later died.

Essex Police said that the driver of the lorry was arrested on suspicion of causing death by dangerous driving.

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The 48-year-old man, from Derbyshire, has been bailed until mid-September while officers continue their investigation.

George’s mother Emma has now paid tribute to him in a statement released through police.

George, 11, was an avid football fan
George, 11, was an avid football fan (Essex Police)

Her son “had his whole life ahead of him”, she wrote.

“George was a bright light in our lives.

“He had the kindest heart, a cheeky smile, and a personality that was truly one of a kind.

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“He was full of life, always making people laugh, and brought so much happiness to everyone who knew him.

“He leaves behind a special group of friends whose lives have been changed forever.

“They have lost not just a classmate, but a loyal friend, teammate, and someone who made every day brighter, even though they all supported different teams.”

George was ‘loved beyond words’, his mum says
George was ‘loved beyond words’, his mum says (Essex Police)

She said her son was about to leave primary school and was “so excited for the next chapter of his life”.

She added: “George was absolutely football mad and a devoted Tottenham Hotspur supporter.

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“Football was his passion, and it brought him so much joy and happiness.

“Always so passionate, shouting at the telly watching every game when his beloved Spurs scored.

“A noise I will miss for a lifetime.”

She said that George had been “loved beyond words by his whole family”.

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Police are appealing for witnesses and anyone driving in the vicinity at the time who may have captured footage on dashcam to contact them, quoting incident 1045 of 10 July.

Information can be reported on the force’s website, through the live chat service or by calling 101.

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Youri Tielemans praises unsung hero involved in his transfer to Manchester United

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Manchester Evening News

Man Utd announced the signing of Belgium international Youri Tielemans from Aston Villa earlier this week.

Youri Tielemans has revealed Jonny Evans played a small role in his transfer to Manchester United. On Tuesday, United announced the signing of Tielemans for £35million from Aston Villa.

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Villa did not want to lose Tielemans this summer, but he expressed a desire to move to Manchester. He signed a five-year contract and will join up with the squad for pre-season after enjoying a post-World Cup break.

Tielemans arrives with bags of Premier League experience, having previously played for Leicester City before his stint with Villa.

Evans played alongside Tielemans at the King Power Stadium. The pair both started in Leicester’s 2021 FA Cup final win over Chelsea, when Tielemans scored from distance to secure a 1-0 victory.

Northern Irishman Evans returned to United on a free transfer when his Leicester contract expired. He retired from playing last summer and now works as a first-team coach on Michael Carrick’s backroom staff.

Tielemans also played with Harry Maguire at Leicester, but it was Evans who played a small role in his transfer.

“I haven’t spoken to Harry yet, but yeah, Jonny, he’s been a big influence,” Tielemans told United’s in-house media. “He spoke with the manager about me, my character, and my personality. I’ve always kept in touch with Jonny. He’s such a great guy.”

Tielemans discussed his move in more detail, adding: “I’m very happy, very excited to start, meet the teammates, and be on the pitch together.

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“I’m looking forward to working with the manager. As a midfielder, he can give me a lot of tips, and I can learn from him. So I’m really looking forward to learning and, obviously, linking up with my teammates.

“The second part of last season, they went on a really good run of wins with this manager, and the players have always been the same, big quality inside the team, smart signings last season.

“To play with them is going to be really good. I’m ready to push on, I’m ready to make the next step in my career, and that’s why this is the perfect club for me. And I feel like the club is ambitious in that as well. They want to win and be really good on the pitch. That’s why I chose to come here.”

Speaking about Old Trafford, he added: “I’m yet to experience it as a home player, but as an away player, it’s a tough ground to come to. You can feel the atmosphere straight away once you come into the stadium; the history is there. To play for the home team is going to be nice.”

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Tielemans captained Belgium at the World Cup this summer. He started every match at the tournament, scoring twice, until he missed his nation’s quarter-final clash with Spain after picking up a knock in the pre-game warm-up.

The 29-year-old also stepped up to wear the armband in his final season at Leicester.

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Service charge tipping point for flat buyers as soaring costs lead lenders to refuse them a mortgage

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Crunch point: Some lenders won't offer a mortgage if the service charge exceeds 1% of a home's value

Flat owners are facing a service charge tipping point that could render their homes unsellable and unmortgageable.

In recent years, service charges have risen sharply while the price of flats has fallen. 

Now, mortgage brokers say they are seeing increasing numbers of people having their mortgage applications rejected due to this disconnect. 

Some banks have tightened their rules and now won’t offer mortgages on flats where the annual service charge exceeds 1 per cent of the property’s value. 

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This is because a high service charge could have an impact on how easily a lender could sell the property were it to be repossessed. 

In 2025, some 37 per cent of flats had an annual service charge exceeding 1 per cent, according to property firm Hamptons, up from 28 per cent a decade earlier. 

It means a mortgage application on a flat valued at £300,000 with an annual service charge of £4,000 could be refused by some lenders.

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Crunch point: Some lenders won’t offer a mortgage if the service charge exceeds 1% of a home’s value 

While some lenders may refuse the mortgage outright, many will make a call based on the opinion of their surveyor or valuer. 

William Coe of mortgage broker Cleerly says: ‘We are seeing an increase in mortgage applications stalling or failing purely due to spiralling service charges.

‘When a flat’s service charge approaches or hits that 1 per cent mark, many mainstream lenders will indeed defer to the surveyor. 

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‘If the surveyor decides the fee is onerous or completely out of step with the local market, the property is flagged as unsuitable security, and the mortgage is declined flat out.’

Rising service charges and falling flat prices

Rising service charges combined with falling or flatlining values is a dangerous combination. 

Across England and Wales, flat values have risen 16 per cent on average over the last 10 years, according to Land Registry data. But in London, where flats make up more than half of the housing stock, the average price of a flat hasn’t moved in the last decade.

William Coe of mortgage broker Cleerly

William Coe of mortgage broker Cleerly

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Meanwhile, the average service charge has risen 55.6 per cent over the last decade, according to Hamptons. 

This is Money readers have reported hikes of 50 per cent or more within the last five years alone.

The average leaseholder’s service charge bill now ranges from £1,525 a year for the cheapest 10 per cent of buildings to £8,680 for the top 10 per cent, according to the latest research by the Property Institute.

Last year, the average flat had an annual service charge equal to 0.9 per cent of its value, according to Hamptons – perilously close to the 1 per cent that some lenders are using as their line in the sand. 

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Mortgage broker Aaron Strutt of Trinity Financial says: ‘If we have not already hit the tipping point then we are pretty close. 

‘People are worried about buying flats at the moment because of the fees and ongoing unknown costs.’

Recent analysis for This is Money by analytics firm PropertyData found some areas where service charges are way out of kilter with flat prices.

In the BD1 postcode in Bradford city centre, service charges averaged £2,023 while the average asking price for these properties was £68,050. It means the typical service charge equates to 3.13 per cent of the asking price.

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The same could be seen in L2, in Liverpool’s city centre. Service charges there were £2,910 per year when the average asking price was £122,374. That means the service charge is 2.58 per cent of the asking price.

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Valuations a ‘frequent hurdle’ 

When buying with a mortgage, the lender will always commission an independent valuation of the property.

Many buyers will view it as a formality, but just as a lender can decide not to lend to a certain individual, so too can it decide not to lend on a particular property.

The valuer or surveyor may also value the property at less than the sales price agreed, which means the buyer cannot proceed unless they cover the shortfall.

At a time when flat prices are falling in many areas, valuers are becoming nervous about flats because they can ultimately be sued by lenders if they get it badly wrong. 

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Coe says: ‘We have seen a noticeable uptick in surveyors down-valuing flats against the agreed purchase price compared to this time last year.

‘Where we used to see occasional pushback, it is now a frequent hurdle with surveyors regularly cutting valuations by between 5 and 10 per cent of the agreed purchase price.’

Not all lenders have a hard cap 

If a flat does have a service charge of 1 per cent or more, the lender will need to make a call on whether to hand the buyer a mortgage. 

For some it will be a simple decision, as certain lenders have explicit, hard caps written into their lending criteria.

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Lender Gen H states annual service charges must not exceed 1 per cent of the property’s purchase price or valuation, while others like MPowered Mortgages cap the combined service charge and ground rent at 1.5 per cent.

High Street lenders can be more flexible in some instances. 

Steph Lyke, partner at SAS Daniels

Steph Lyke, partner at SAS Daniels

Coe says: ‘Lenders like Santander or Barclays don’t necessarily apply a blunt percentage cap (like 1 per cent) to the property value. 

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‘Instead, they treat the service charge strictly as a monthly financial commitment—exactly like a student loan or car finance.’ 

The reason the charge is so high will often be investigated. 

Steph Lyke, a partner in the residential property team at law firm SAS Daniels, says: ‘The breakdown of the service charges will need to be investigated, it could well be that the costs relate to a one off major works project, which generally the valuer would accept this as it is an indication of good property management. 

‘If the costs are unproportionate and due to poor management, or includes high management fees, then the lender will likely decline.’

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Lenders may also instruct the surveyor to assess the service charge against the local market.

For example, a £4,000 annual service charge on a £300,000 flat which is 1.3 per cent of the home’s value might be rejected in a regional town where standard fees are £1,200. 

However, that same fee might be passed by a surveyor in London or Cambridge if the block includes a concierge, lifts, and complex building systems, as it reflects the ‘market norm’ for the area. 

Why lenders are wary of rising service charges

Lenders like certainty. A monthly loan or credit card repayment is a fixed, known commitment over a set period, making it straightforward to model in an affordability calculator.

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The inherent danger with service charges is the total lack of control over future costs. 

Cleery’s Coe says: ‘A managing agent or freeholder can hike fees dramatically with very little recourse for the leaseholder.

‘For a lender’s risk committee, that word ‘could’ is a major red flag. 

‘If a bank has to take back a property, their primary objective is to recover their funds quickly through a swift resale. If the service charge has spiralled to a point where the next buyer cannot secure a mortgage on it, the property becomes illiquid.’

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Rising service charges are also in some cases restricting how much buyers are able to borrow.

This is because they must be factored in to the borrower’s monthly outgoings when assessing affordability.  

Coe says: ‘Over the last two years, building insurance premiums, maintenance costs, and cladding-related expenses have driven service charges up significantly and it is no longer unusual to see modest two-bedroom flats with fees exceeding £3,500 per annum. 

‘When this is plugged into a lender’s affordability calculator, it eats into the applicant’s maximum borrowing capacity, turning a previously viable mortgage offer into a decline.

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Best mortgage rates and how to find them

Mortgage rates have shot up again due to inflation triggered by the conflict with Iran reversing hopes that the Bank of England would cut rates. This means those remortgaging or buying a home face higher costs.

That makes it even more important to search out the best possible rate for you and get good mortgage advice, whether you are a first-time buyer, home owner or buy-to-let landlord.

This is Money’s partner L&C can help you with its fee-free mortgage service.

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> Compare mortgage rates

> Find the right mortgage for you 

To help our readers find the best mortgage, This is Money has partnered with the UK’s leading fee-free broker L&C.

This is Money and L&C’s mortgage calculator can let you compare deals to see which ones suit your home’s value and level of deposit.

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You can compare fixed rate lengths, from two-year fixes, to five-year fixes and ten-year fixes.

If you’re ready to find your next mortgage, why not use This is Money and L&C’s online Mortgage Finder. It will search 1,000’s of deals from more than 90 different lenders to discover the best deal for you.

> Find your best mortgage deal with This is Money and L&C 

Mortgage service provided by London & Country Mortgages (L&C), which is authorised and regulated by the Financial Conduct Authority (registered number: 143002). The FCA does not regulate most Buy to Let mortgages. Your home or property may be repossessed if you do not keep up repayments on your mortgage. 

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