BEWARE ESTATE MANAGEMENT COVENANTS

WHEN WE BOUGHT OUR HOME IN South Wales ,OUR ENTHUSIASM AND EXCITEMENT AT MOVING INTO A NEW BUILD PROPERTY MADE US A LITTLE LESS CAUTIOUS THAN WE SHOULD HAVE BEEN. HAVING ALMOST COMPLETED THE TRANSACTION, A DEED OF COVENANT DOCUMENT WAS CASSUALLY PRODUCED AS A MINOR DETAIL OF A SMALL ANNUAL CHARGE TO ENSURE THE UPKEEP OF THE ESTATE. OF COURSE, WE COULD'N T  COMPLETE THE PURCHASE UNLESS WE SIGNED WHICH WE DID.
YEARS LATER, THE MNAGEMENT COMPANY MEADFLEET CARRY OUT NO WORK IN THE VICINITY OF MY HOME YET CONTINUE TO HIKE UP THEIR CHARGES AT WILL AND WITHOUT ANY CONSULTATION.
THESE COVENANTS ARE MERELY A CASH COW FOR THE RENTIER CLASS AT THE EXPENSE OF UNWARY HOME OWNERS. WHAT IS WORSE, THEY CAN CONTROL THE DEEDS OF PEOPLES PROPERTY AT THE TIME OF ANY FUTURE SALE OR COPLETION OF A MORTGAGE.
AVOID MEADFLEET LIKE THE PLAGUE THEY ARE SCOUNDRELS 


Comments

  • Pollycat
    Pollycat Posts: 34,648 Forumite
    Name Dropper First Anniversary First Post Savvy Shopper!
    Welcome to MSE.
    Could you please knock your caps lock off. Posting in capitals is deemed 'shouting' on internet forums.

    As you acknowledge, you were a little less cautious than you should have been, which is not a great thing to be when making what is probably the largest purchase in your life.

    Does your development group have a residents group?

    Have you complained to your local council that Meadfleet are not maintaining the public space?
    Your local planning authority will have imposed a condition on the developer that requires open spaces to be managed in the interests of public amenity, although the Local Authority themselves are resisting adoption of such spaces primarily because of funding and resource constraints. Your developer has therefore made arrangements for the long term management of the public open spaces and associated features by appointing Meadfleet. In return for adopting these areas, Meadfleet requires homeowners to contribute to the financial upkeep of the common space.
    This is what Meadfleet says on their website:
    Our open spaces are managed and maintained to ISO 9001:2015 & ISO 14001:2015 internationally agreed standards.   Meadfleet regional managers are all RPII qualified inspectors ensuring play equipment is safe and maintained to current British Standards (BSEN1176 & BSEN1177). Our approach is to charge in arrears so you will only pay for completed works. Meadfleet are the professional alternative to Local Authorities and with a team of experienced and qualified managers, our aim is to maintain and improve the open spaces provided by your housebuilder.
    Why are you paying for things that have not been done?

    Finally, the last sentence of your post contravenes MSE rules:

    Active boycotting

    We appreciate emotions can run high should you experience poor service from companies, but we cannot accept active calls to boycott organisations as we are unable to verify the service you received.



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