Wednesday, 18 April 2012

Too much like hard work to change managing agents

The thought about having to go through the process of replacing your current managing agent can be daunting at the best of times and it is often the case residents will stick to the the devil they know even if it means they are forever checking up on them.

Any relationship personal or business has to have an element of trust and when that is gone can any relationship continue and flourish?

In most cases 3 months notice has to be given to terminate a managing agents service, during this time it is safe to say that the agent will do the bare minimum when it comes to looking after your development and the new managing agents will no doubt have to pick up the pieces which is why some agents charge a takeover fee, add this together with any handover fee your old agent will charge and you can be looking at the best part of nearly £1000 form your service charge fund to change from one to another.

Not much can be done when it comes to your old agent charging a handover fee unless of course it was not formally agreed in their management agreement but we can assist any development when it comes to appointing us as your new managing agent by not charging a takeover fee no matter how far into your financial year you are.

We will even assist you during the 3 month termination period to the extent that we will manage your development free of charge during that period as it would assist us both in a smooth handover and also give us the opportunity to really get to know your development.

Having no association or preferred contractor scheme we will happily work with your current contractors if you so wish and even obtain competitive building insurance quotes should your renewal fall within that termination period. 

So if you feel that you are not receiving the service you and your building deserve call us today!