
We have been contacted by a Residents’ Group who have successfully taken over management of their estate. They thought their experience would help others, and so do we! We are very grateful for the sharing.
We would like to say again that there is huge variation in how the developers set up each estate, so not all will have the advantages in company structure that this example benefits from. In spite of having the required company structure the builder and their appointed managing agent strongly resisted the residents’ taking over. We have heard similar stories from others.
Also remember that it is developers who drive this model, whilst councils may have reduced landscaping and road mending costs, the community loose out when estates are retained privately because other potential section 106 benefits are lost. The estate in this example is not built up to adoption standards and we believe this also is a prime cost saver for the builders.
That said, if you want to know what worked for one group of residents, read on ….
Continue reading “How To take Over”

