Trinity property management

maserace

Hi all
looking for some advice please.
I own my house on an estate which has Trinity management doing the upkeep of estate at a monthly rate paid by all occupants.
Now selling I have been told by my solicitor they need £360 from me for Trinity to set up a new pack for the person buying my house.
Never seen anything in contact or on their website about this.
Can anyone enlighten me please.
I did ask my solicitor to look into it but all I got was ‘ if you don’t pay the sale won’t go through’ grrr! 

canaldumidi

What does it say in your Title document....?

user1977

It's completely normal for managing agents to charge for providing the management pack and dealing with the admin involved in a sale. Not sure whether £360 is above average (I'm sure your solicitor can tell you), but I've seen similar figures talked about here.

TBG01

It's a management pack. Your Solicitor is correct in wanting/needing to obtain one.

maserace

thanks for the reply’s. Just another hidden cost that was not expected. Seems a bit high to me though.

hazyjo

I've seen posts on here where people are charged double that. I doubt many charge under the £250-300 mark these days. 

Flick85

Yup. I’ve got a leasehold property under Trinity management and that’s their extortionate fee for the management pack. Are you freehold or leasehold? I recently discovered there’s also a 0.15% transfer fee on completion as well. Sigh.

Rosa_Damascena

I've been victim of this myself OP. It's just another one of the countless ways management companies find to rip off their tenants. 

Troy_af

This is quite the norm now I believe. I was in the process of purchasing a property where the estate was ran by a management company and my solicitor could not continue to completion until they received both a management pack and answers to enquiries from the management company.

Regarding the fee, the reason you haven't seen anything in a contract or on their website is because unfortunately this is an unregulated sector. They could legally charge £10,000 if they wanted and there would be no way for you to challenge, so if I were you I would be quite content with it only being £360.

Rosa_Damascena

Troy_af said:

This is quite the norm now I believe. I was in the process of purchasing a property where the estate was ran by a management company and my solicitor could not continue to completion until they received both a management pack and answers to enquiries from the management company.

Regarding the fee, the reason you haven't seen anything in a contract or on their website is because unfortunately this is an unregulated sector. They could legally charge £10,000 if they wanted and there would be no way for you to challenge, so if I were you I would be quite content with it only being £360.

Its all a license to print money.

One of the reasons I sold was that I was so utterly sick and tired of unreasonable and unjustifiable demands coming out of nowhere from the managing agents. An additional £350 or so was a small price to be rid of them.

Suzycoll

maserace said:

Hi all
looking for some advice please.
I own my house on an estate which has Trinity management doing the upkeep of estate at a monthly rate paid by all occupants.
Now selling I have been told by my solicitor they need £360 from me for Trinity to set up a new pack for the person buying my house.
Never seen anything in contact or on their website about this.
Can anyone enlighten me please.
I did ask my solicitor to look into it but all I got was ‘ if you don’t pay the sale won’t go through’ grrr! 

hi
sorry to jump on an old post, I have sent a private message to you maserace regarding Trinity . thanks