Nick Bignell

Registered with Property118.com
Tuesday 12th May 2015


Latest Comments

Total Number of Property118 Comments: 3

Nick Bignell

15:39 PM, 19th May 2015, About 7 years ago

Right To Manage (RTM) - Advice Please?

Hi Dinah, we favour the appointment of a management agent post Right to Manage, to retain the buffer, but with an agent who's incentives are aligned with those of the owners. Did you know that in March 2014 the Office of Fair Trading (OFT) launched a market study on the provision of residential property management services? This market study was published by the OFT’s successor, the Competition and Markets Authority (CMA) in December 2014. The OFT was concerned that some property managers may be overcharging customers, providing poor-quality services or spending money on unnecessary works. In contrast, the findings of the CMA report show that leaseholders with a Right to Manage Company at the property were more likely (78%) to agree that their property managers provide value for money. The CMA states “We support the principle of RTM and recognize the greater levels of leaseholder satisfaction where leaseholders have exercised their RTM”.... Read More

Nick Bignell

11:43 AM, 12th May 2015, About 7 years ago

Right To Manage (RTM) - Advice Please?

The Right to Manage Federation provide RTM services to leaseholders like yourself. To date assisting more than 270 blocks through the Right to Manage process, including the 967 unit development at Century Wharf, Cardiff, and the 422 unit Metro Central Heights building in Elephant and Castle, and many blocks similar to your own.... Read More

Nick Bignell

11:23 AM, 12th May 2015, About 7 years ago

Right To Manage (RTM) - Advice Please?

Dear Jon,
The RTMF http://www.rtmf.org.uk has assisted over 270 blocks exercise Right to Manage in both extremely large developments and smaller buildings like yours. I agree that it doesn't have to be a nightmare experience, and at the very least you will have the freedom to choose who manages your building.
ATB
Nick... Read More