Service charge hike?

by Readers Question

11:14 AM, 17th June 2019, 7 years ago 25

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Landlord News Landlords Questions

I own a couple of properties where First Port are the property managers, but they seem to be raising service charges at an incredible rate.

As an example over the last 2 years the annual charge has gone from circa £1,100, which I thought was already quite high, to £1,600 which is crazy.

Is there something I can do, or rather is there a good way to question this with them as I’m concerned that at this rate the property will be unsalable in the future.

Many thanks

Mark

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Comments

ton

Member Since June 2016 - Comments: 12

4:21 PM, 18th June 2019, About 7 years ago

hi Mark if by any chance your property is in Edmonton i’m having the same issue with First port and have contacted Solitaire with no joy, mine is in a block of around 8 and am considering contacting other owners re appointing a more reasonable Company

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Tim Rogers

Member Since November 2017 - Comments: 263

8:58 PM, 18th June 2019, About 7 years ago

First Port are a blight on the land.
They are disorganized, disingenuous and never take responsibility. They also pass everything to solicitors asap

The only real solution is to force the sale of the freehold.
It took us almost 2 years to do this and we were still getting communal electricity charges a year after the purchase date!

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Mark Lynham

Member Since November 2013 - Comments: 149

9:05 AM, 19th June 2019, About 7 years ago

Reply to the comment left by tony at 18/06/2019 – 16:21
Its not Tony, its in Milton keynes

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Chris

Member Since April 2014 - Comments: 38

10:32 AM, 22nd June 2019, About 7 years ago

Hi
Perhaps we should be pushing the Government to stop insurance companies paying commission to managing agents and freeholders on insurance as they want to reform leasehold.
I own two 2 bedroom flats on similar developments one managed by a large property company and the other by a housing association and the insurance is around £100 from h/a and over £350 from prop co.

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ton

Member Since June 2016 - Comments: 12

2:58 PM, 23rd June 2019, About 7 years ago

or we could just get the landlord/owners in the blocks under the control of this and other such management company’s and together appoint a more reasonable company

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