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Extortionate service charges - Freehold
sclondon2018
Posts: 21 Forumite
I bought a house three years ago and the already well know scandalous First Port are the service providers. The house is freehold but the covenant says I need to pay for service charges to this joke of a company.
I have just received the prediction for this years charges and yet again they have given themselves a nice £2000 increase to their own 'management fees'.
Can anyone tell me if this is 'the norm' or not as I plan on taking it to the first tier tribunal but want to know if its what all these disgusting rip off merchant companies charge or not.
I have asked them time and time again for a breakdown of what these charges are for and why they are so expensive but they refuse to reply.
As you can see their 'fees' equate to over 80% of the total bill which is disgusting! Similarly £3400 for 'accounts preparation fees'... so £3400 to stack a few invoices from gardeners together for the accountant!?!? !!!!!!!?
Any advice or views welcome.
I have just received the prediction for this years charges and yet again they have given themselves a nice £2000 increase to their own 'management fees'.
Can anyone tell me if this is 'the norm' or not as I plan on taking it to the first tier tribunal but want to know if its what all these disgusting rip off merchant companies charge or not.
I have asked them time and time again for a breakdown of what these charges are for and why they are so expensive but they refuse to reply.
As you can see their 'fees' equate to over 80% of the total bill which is disgusting! Similarly £3400 for 'accounts preparation fees'... so £3400 to stack a few invoices from gardeners together for the accountant!?!? !!!!!!!?
Any advice or views welcome.
0
Comments
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Do you have a Residents Management Company or a separate free/landholder?
They will hold the contract with FP and it might be worth a word with them about the charges
As a freeholder, you can't, generally, go the First Tier Tribunal
This may help
https://rounceandevans.co.uk/cms/resources/freehold-houses-on-private-estates.pdf
ETA
Some other responses to a similar thread by OP here
https://forums.moneysavingexpert.com/discussion/5953918/firstport-daylight-robbery0 -
You have no recourse. This is an area that requires legislation. Contact your MP.0
This discussion has been closed.
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