13:36 PM, 17th December 2013, About 9 years ago 18
Our management company has just increased the service charge for our flats by 23% starting January 2014 (excluding ground rent which is a separate charge.) Just 6 months ago, they sent us a bill of £2,000.00 each for redecorating, to be paid upfront in full.
The property comprises of 6 flats in a block with no lift, no hall heaters, no fire alarm system, no CCTV, in fact no luxuries at all. When asked why, they said electricity cost etc. The lights in the block are on timer and not permanently switched on. I know these prices are way beyond what they say and it could be greed on their part.
Are these sort of high increases allowed?
Is there a way we can get rid of them and get another management company?
Is there a governing body we can write to justify these increases as their accompanying letter says we can with a first-tier tribunal at a cost of £500 for the application.
They hardly come to the property to see the problems.
What would you do?