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Corsa Sport » Message Board » Off Day » House Day » Management Company Advise » Post Reply
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Fad |
posted on 2nd Feb 13 at 22:56 |
quote: Enfranchisement is when you collectively buy the freehold interest of the property. You need a majority unles there is 25% commericial element (mixed use development) There are a number of other ways you can overthrow the managment company 1) Set up a RTM (Right to manage company) You can then either manage or appoint your own agent. (freeholder becomes seperate from the day to day running) 2) Enfranchisment so you own the freehold collectively and have a hands on running of the estate and control ground rents etc. 3) Form a residents association (more influencial rather than controlling) This way the management company will be working out expenditure budgets to suit the residents etc Ultimately you cannot withold payment from th management company as your lease stipulates you need to pay for it on specified dates. It will leave you open to paying legal fees for debt collection or any letters they issue to you etc etc. If you feel your managing agent is not fulfillig their duties I would look to collectively forming an RTM to run the block and appoint your own agent (so you become their employer) this way they will be working for the residents directly and will be bound to do a better job. Ideally they should hold an AGM once a year so you can drill them on where the money is being spent etc You also have a right to request every invoice of expenditure so you can raise any concerns over wastage or them using contractors which may be a conflict of interest (i.e in house cleaners/handy men) If the managing agent is the freeholder (quite usual) the threat of an RTM forming will be enought for them to buck up their ideas as they can no longer hold Lessees (flat owners) to ransom. Obviously the above is just a brief outline but you get the idea. Having worked for a real estate comany I would never ever ever consider a leasehold property as you are at the mercy of Landlords (freeholders), Management companies and douchbag neighbours who disrupt the running of the block/estate. [Edited on 02-02-2013 by Fad] | |
Andrew |
posted on 2nd Feb 13 at 21:59 |
I have a quiet week this week. Will be on the phone again Monday requesting last years itemised bill. I have this years on my desk here. | |
VegasPhil |
posted on 2nd Feb 13 at 21:38 |
It's not on. Get the itemised bill. You need to see a break down of what you are being billed for. | |
Andrew |
posted on 2nd Feb 13 at 21:10 |
Very good call that Phil! Will look into this. | |
VegasPhil |
posted on 1st Feb 13 at 20:44 |
Is the bill itemised? I used to get an itemised bill and get them to give me a new bill with work they hadn't bothered doing taken off. Saved me hundreds. | |
Andrew |
posted on 30th Jan 13 at 20:14 |
I just get a bill every year or every 6 months if i'm skint at the time of paying in Jan. | |
Jules S |
posted on 28th Jan 13 at 21:32 |
I have some experience in matters like this... | |
AndyKent |
posted on 27th Jan 13 at 14:09 |
Actually I'm slightly wrong, its the right to manage legislation - collective enfranchisement is buying the freehold from the landlord | |
Andrew |
posted on 27th Jan 13 at 09:55 |
Thanks for that Andy. I'll get back onto them Monday morning and follow up with an e-mail so i have something in writing. | |
AndyKent |
posted on 27th Jan 13 at 09:43 |
Think it's called collective enfranchisement btw | |
AndyKent |
posted on 27th Jan 13 at 09:43 |
You can't legally withhold payment without eventually being sued, although doesn't stop you complaining some more and threatening to withhold. | |
Andrew |
posted on 26th Jan 13 at 22:59 |
We had a leak 6 months ago. It took RMG 3 days to come and close the fire exit which was allowing water in. 6 months later they have not repaired the damage. I have several e-mails back and forth as well as telephone calls to the manager and general staff. The repairs still have not been done. My last call earlier in the week i was advised painting would have been done on Saturday. This has not been done! |