The assessment has arrived: Charges will increase
The property management charge is expected to rise as the annual meeting season for housing associations begins, largely due to increased heating costs during a cold winter.
As the annual meeting season for housing associations in Finland approaches, there are predictions of rising property management charges. Janne Koivuniemi, a bank manager at Uudenmaan Osuuspankki, noted in an interview that the cold winter, characterized by freezing temperatures and snowfall, has driven up costs for housing associations. Specifically, increased heating expenses and the maintenance costs related to snow removal are expected to contribute significantly to the rise in fees.
Despite the challenging weather conditions, Koivuniemi believes that overall cost increases for housing associations will remain moderate. He estimates that unit costs may rise by about two to three percent, although this could vary depending on specific municipal and association types. This assessment comes at a crucial time when many associations are preparing to set their fees during the upcoming spring meetings, making it important for residents to be aware of potential financial changes ahead.
The discussion also highlighted how friendly weather and operational efficiencies might mitigate some increases. However, property owners and residents should remain vigilant and prepared for possible hikes in charges as the financial impact of the winter season is evaluated during the meetings. The information shared in this context is vital for ensuring transparency and understanding among housing association members who will be affected by the upcoming decisions.