Wow! They must have been bad?

Wow! They must have been bad?

7:31 AM, 9th November 2021, About 3 weeks ago 12

Text Size

Finally, an industry body actually doing its job.

Richard Davidoff’s ABC Estates booted out.

“Residential management firm ABC Block Management has been expelled from industry body the Association of Residential Managing Agents (ARMA) after a formal complaint by leaseholders and a property tribunal ruling.”

https://www.propertyweek.com/news-analysis/abc-estates-expelled-from-industry-body/5117287.article



Comments

by richard fuller

8:58 AM, 10th November 2021, About 3 weeks ago

hml should be nxt

by richard fuller

9:00 AM, 10th November 2021, About 3 weeks ago

hml management will be next if leasehold tribunal do their job

by BernieWales

9:36 AM, 10th November 2021, About 3 weeks ago

Reply to the comment left by richard fuller at 10/11/2021 - 09:00The "tribunal" does not expel members Richard. Nor do they take action against rogue "Tribunal appointed Managers" it appears.
If you have evidence that HML have behaved unprofessionally, then you should send that evidence to ARMA and lodge a complaint. Otherwise, nothing will happen.

by richard fuller

14:49 PM, 10th November 2021, About 3 weeks ago

Reply to the comment left by BernieWales at 10/11/2021 - 09:36
ok thanks for that information ,will follow up.so how did this management company get closed then.

by BernieWales

15:38 PM, 10th November 2021, About 3 weeks ago

The management company did not get closed. It got thrown out of ARMA membership.

by Gulliver

7:55 AM, 12th November 2021, About 3 weeks ago

Reply to the comment left by richard fuller at 10/11/2021 - 14:49
The whole sorry saga was covered in an earlier thread here:

https://www.property118.com/ftt-appointed-manager-in-doghouse-now-what/#comments

by Gulliver

8:10 AM, 12th November 2021, About 3 weeks ago

Reply to the comment left by richard fuller at 10/11/2021 - 09:00
The Association of Residential Managing Agents, the First Tier Tribunal, the Institute of Residential Property Management, the Property Redress Scheme and the Royal Institute of Chartered Surveyors have various powers to sanction errant managing agents. Some might argue that they issue these sanctions too sparingly.

The crux of the matter is that none of these entities have the power to stop a managing agent trading.
We therefore have an absurd situation where managing agents such as Richard Davidoff and ABC Block Management Limited can continue trading even if their practices have been deemed by a court to be abusive and unacceptable.

If a managing agent’s practices have been deemed by a court to be abusive and unacceptable (as in this case) we need an entity with the power to stop the managing agent trading. This can only be achieved by an independent regulator.

by BernieWales

11:05 AM, 12th November 2021, About 3 weeks ago

Reply to the comment left by Gulliver at 12/11/2021 - 08:10
Hear Hear Gulliver. That's why I have been calling for Michael Gove, in his capacity as Housing Minister, to move forward with the long-awaited Regulation of Property Agents, which has been gathering dust for too many months/years.

by Badger

12:54 PM, 13th November 2021, About 3 weeks ago

I see (well hear, really) that an outfit going by the name of ABC is currently advertising its block management services very heavily on LBC.

Apparently, when it comes to service charge collection they "never give up".

(Just an FYI.)

1 2

Leave Comments

Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.

Forgotten your password?

BECOME A MEMBER