Leasehold question - Can managing agents charge fees for works on top of the standard annual management fees? My managing agent has organised for a new fire alarm to be installed along with some emergency lighting. The total cost for the work is £3300 and they want to charge an additional 10% for arranging it.
I've had the flat for over 10 years and in that time I don't believe we've ever had an additional fee for works like this.
I asked the agent if that could show me the clause in the lease which allows them to be able to charge additional fees and they said it does not need to be stated in the lease.
The amount of money per owner works out very small in this instance but the building requires some pretty substantial works within the next couple of years where that 10% could be a large amount of money so I'm loathed for a precedent to be set.
Be good to know if anyone has experience of this sort of thing, cheers.
it’s usual for them to charge a ‘management charge’ for specific section 20 works beyond the usual cleaning etc.
if you have been there 10 years then it’s likely the exterior/internal decoration might be due so don’t be surprised if there is more to come.
Leasehold question - Can managing agents charge fees for works on top of the standard annual management fees? My managing agent has organised for a new fire alarm to be installed along with some emergency lighting. The total cost for the work is £3300 and they want to charge an additional 10% for arranging it.
I've had the flat for over 10 years and in that time I don't believe we've ever had an additional fee for works like this.
I asked the agent if that could show me the clause in the lease which allows them to be able to charge additional fees and they said it does not need to be stated in the lease.
The amount of money per owner works out very small in this instance but the building requires some pretty substantial works within the next couple of years where that 10% could be a large amount of money so I'm loathed for a precedent to be set.
Be good to know if anyone has experience of this sort of thing, cheers.