Now is the time for all HorNets to tell the government what they think about estate management charges. Their survey which is about regulating property management agents and is open to you to complete until the end of November. This is what one member wrote. The specific evidence from their estate is omitted for identity protection.
Regulating Letting and Managing Agents – response to Call
for Evidence
Thank you for the opportunity to contribute to this consultation.
I speak from the position of a private homeowner on a new estate of some X homes.
The public open spaces on our estate are owned and managed by ‘Y_MgAgt’.
At the end of this document I give the background to my views, as a further example for you
and to explain the basis for my responses to the consultation.
Comments on the Consultation Paper.
The paper is mostly directed at leasehold and rented properties so the questions are mostly
related to these sectors, where there are already some controls.
There are only 3 references to private homeowners paying maintenance charges, which
suggests that the similarity of our predicament has only been understood recently.
It is very important that the future controls for leaseholders should also apply to freeholders
and that provision should be made for the difference as well as similarities in the nature of
our situation.
Although charges are, in many places, fairly low, there is scope for them to increase
exponentially in the same way as the recent leaseholds. This can cause a blight on sales of
our homes.
‘Y_MgAgt’, the company which manages our Public Open Spaces, boasts that it now
manages over 000 developments, with currently 00,000 homes and another 00,000 planned.
There will be other management companies in addition to this.
This is huge.
Continue reading “Tell Government NOW!”
