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Trustgreen Estate Management

I'm looking into purchasing a freehold new build property by Bellway and like so many new developments there will be annual estate management fees. I've been informed it will be Trustgreen/Trustmgt that will be responsible for this and fees will be £144 for year 1.
Does anyone have any experience of this company on their estate that they can share?

Comments

  • monkeymarbles
    monkeymarbles Posts: 20 Forumite
    Third Anniversary 10 Posts
    edited 27 February 2022 at 10:07AM
    No experience of Trustgreen but we have the same setup with Kingston (who are reputationally sound). Your solicitor should advise you on whether the wording is appropriate, for example our wording includes the words 'reasonable' for their fee - so they can't just hike up charges without clear reasoning. For £144, I imagine it's just estate greens largely - difficult to see how you'll ever have a problem with this in my view.

    Worth noting that until the site is fully signed over, Bellway will take an estimate to the end of scheduled site completion circa in your completion fees, then you wait for handover. For our estate, no one has been charged yet - which for us is 14mths, others 2-3yrs. Bellway occasionally sends someone in to mow the grass and tend to trees in the meantime.

    Note: some mortgage lenders are awkward over estate management fees, without real reason either.
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