We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
New Build Estate - Management Company Fees (First Port)
Options
Comments
-
wardy_mk said:
This is costing me over £300 a year. Obviously, this isn't too bad but the people in flats and similar shared places have seen their costs rise exponentially to over £1500 a year. This, in my opinion and that of everyone else on the estate, seems outrageous.
To be fair, the situation is very different for the leaseholders who live in flats.
Their £1500 per year will include things like:- Buildings insurance (whereas you pay separately for your buildings insurance)
- Maintenance and repairs to the building (again you pay separately for that)
- Maintenance and repairs of the common areas
- Cleaning the common areas
- Lighting in the common areas
- If there are lifts, maintenance and repairs of them (which is super expensive)
0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 598.9K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards