Hi,
I'm just wondering in other people's housing estates how many management companies are there? So far our housing estate of 250 units or so has been built by two developers. There are two phases, and houses have been assigned to two management companies based on the developer. Phase 1 had one developer - phase 2 - a second additional developer became involved. Each developer set up a different management company. The agent acting on behalf of management companies is currently the same.
There will be future phases in the estate. I'm not sure at the moment if there will be more management companies. i.e. in phase 3 will we automatically get our developers additional houses added on to our management company.
How do other housing estates work? Do they have different management companies as phases progress?
We are wondering can one management company decide to change its agent - we have seperate agms etc? Or do we have to wait until the housing estate is complete? This could be another 5-10 years and we would like to change agent before then.
Does anyone know of any national bodies that offer information on this subject?
I'm just wondering in other people's housing estates how many management companies are there? So far our housing estate of 250 units or so has been built by two developers. There are two phases, and houses have been assigned to two management companies based on the developer. Phase 1 had one developer - phase 2 - a second additional developer became involved. Each developer set up a different management company. The agent acting on behalf of management companies is currently the same.
There will be future phases in the estate. I'm not sure at the moment if there will be more management companies. i.e. in phase 3 will we automatically get our developers additional houses added on to our management company.
How do other housing estates work? Do they have different management companies as phases progress?
We are wondering can one management company decide to change its agent - we have seperate agms etc? Or do we have to wait until the housing estate is complete? This could be another 5-10 years and we would like to change agent before then.
Does anyone know of any national bodies that offer information on this subject?