Expensive living

[beth18]

Forgive me for my ignorance but what is this charge for ;-

Agency managing fee: £400/Monthly

There was a contract agreed 3 years ago that the building have to be fixed externally so all flat ownwers have to pay certain amount for the whole project, you know fixing of the hall way carpets lighting, window cleaners, hall way cleaners, fixing of the lift, right now they are doing the external of the building window frame and so on...

[Dedworth]

There was a contract agreed 3 years ago that the building have to be fixed externally so all flat ownwers have to pay certain amount for the whole project, you know fixing of the hall way carpets lighting, window cleaners, hall way cleaners, fixing of the lift, right now they are doing the external of the building window frame and so on...

Sounds like the service charge in previous years must've been way too low or mismanaged as I'd have thought they should have been making provision for replacement of communal fixtures. Did you agree to the contract 3 years ago ? or if you moved in afterwards you must have been aware that there was this monthly charge. Who owns/runs the managing company ?

[beth18]

Sounds like the service charge in previous years must've been way too low or mismanaged as I'd have thought they should have been making provision for replacement of communal fixtures. Did you agree to the contract 3 years ago ? or if you moved in afterwards you must have been aware that there was this monthly charge. Who owns/runs the managing company ?

I have to dig in with the documents, I have a client off Baker Street, and they pay £2000 per quarter for the managing agency fee, they have a porter though.