We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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!
Debt to management company.
TinkyWinky_2
Posts: 12 Forumite
Last year (infact almost a year to the day) we moved house. Our old flat was subject to a Factor (scottish management company). The building needed a cosmetic repair and we were all asked to lodge the thick end of £500 as our estimated part share. This money was lodged with the factor for months and months and nothing was done.
We moved and our balance was £440 in credit. the factor asked for a £200 retention to be held by our solicitor. The work still wasn't done.
In October, 4 months after we moved, the factor refunded all the money to us via our solicitor. Now they want it back.
Are we still eligible to pay this money for a house we haven't lived in for a year even though they had the money and sent it back to us?
They're also not wildly forthcoming with the actual bill for the work. can we ask for a complete statement of account like we could with any other debt?
We moved and our balance was £440 in credit. the factor asked for a £200 retention to be held by our solicitor. The work still wasn't done.
In October, 4 months after we moved, the factor refunded all the money to us via our solicitor. Now they want it back.
Are we still eligible to pay this money for a house we haven't lived in for a year even though they had the money and sent it back to us?
They're also not wildly forthcoming with the actual bill for the work. can we ask for a complete statement of account like we could with any other debt?
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.8K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.2K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards