Purchased a freehold house that attracts annual management agent fees

hazyjo

Just sold a freehold townhouse which had 2 separate garages which were leasehold. The yearly cost for these also covered insurance for them, and maintenance of outside areas. It did not pay towards the upkeep of the communal areas of flats, maintenance on them, etc. It was just for a contribution towards the areas which affected us (garages, parking areas and shared access to the parking areas, grounds (plants, trees, etc). Was around a hundred a year per garage, I think. Maybe £75-ish. I forget now. Never had to pay way over the odds. House was 8-10 years old when we lived there (for the two years).

Yes, it's very common now with new/new-ish developments.

Jx

ffor99

Thanks for everyone's feedback. My solicitor is awaiting the management pack so hopefully no major surprises will be uncovered. I am quite happy to pay an annual fee as long as it doesn't increase too much!

At least the upside is that the development will be kept in a decent condition and that can only be a good thing for house prices!

hButterflyH

Hi, Just wondering if you have heard back from you solicitor yet? We have just come across the same thing with a new house and are having difficulties getting any answers.