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  • sorry I should have mentioned @Howard - we have a share of the freehold and are on very good terms with our neighbours

  • £220 a quarter is mad cheap - is that locked in or can it be increased if another management co were to come in?

  • £220 a quarter is mad cheap

    Yes. There are legit reasons to kick up a fuss though, say if you were concerned about the quality of the services provided to the point where the building or grounds were being damaged.

    If the management co situation is up in the air it will also make it hard to sell.

  • it is extremely cheap because the developer (+ mgmt scheme) still owns 2x flats and has to chip in too! I fully expect it to rise when we take control

    also, given the builder's warranty we dont have to contribute a vast sum to a sink fund etc. it is mainly insurance, communal electricity, gardener etc.

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