Wow! They must have been bad?
7:31 AM, 9th November 2021, 4 years ago
16
Categories:
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
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UK Property Market and Auction Review
Member Since March 2015 - Comments: 11
8:58 AM, 10th November 2021, About 4 years ago
hml should be nxt
Member Since March 2015 - Comments: 11
9:00 AM, 10th November 2021, About 4 years ago
hml management will be next if leasehold tribunal do their job
Member Since April 2020 - Comments: 159 - Articles: 1
9:36 AM, 10th November 2021, About 4 years 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.
Member Since March 2015 - Comments: 11
2:49 PM, 10th November 2021, About 4 years 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.
Member Since April 2020 - Comments: 159 - Articles: 1
3:38 PM, 10th November 2021, About 4 years ago
The management company did not get closed. It got thrown out of ARMA membership.
Member Since August 2021 - Comments: 8
7:55 AM, 12th November 2021, About 4 years 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
Member Since August 2021 - Comments: 8
8:00 AM, 12th November 2021, About 4 years ago
And then picked up by several other publications:
https://www.leaseholdknowledge.com/richard-davidoff-of-abc-estates-breached-his-fiduciary-duties-after-disastrous-performance-as-a-court-appointed-manager-rules-property-tribunal/comment-page-1/#comments
https://nearlylegal.co.uk/2021/08/who-manages-the-managers-tribunal-appointed-manager-behaving-badly/
https://berniewales.co.uk/managing-agents-are-crooks/
Member Since August 2021 - Comments: 8
8:10 AM, 12th November 2021, About 4 years 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.
Member Since April 2020 - Comments: 159 - Articles: 1
11:05 AM, 12th November 2021, About 4 years 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.
Member Since September 2013 - Comments: 374
12:54 PM, 13th November 2021, About 4 years 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.)