L
Levy
Guest
Four years after the completion of our housing estate the developer wants to hand over the estate to the local authority.
The local authority have indicated that they are happy to take it over.
Some of the residents in the estate are resisting this and want us all to set up a management company to look after it ourselves.
They say that handing it over could give the council the power to do anything from letting the common area to a circus to building a through road on the estate. are they just being paranoid?
What are the pitfalls of handing over the estate to the council?
Who would own the land if (a) the council took it over and (b) the residents set up a management company themselves?
The local authority have indicated that they are happy to take it over.
Some of the residents in the estate are resisting this and want us all to set up a management company to look after it ourselves.
They say that handing it over could give the council the power to do anything from letting the common area to a circus to building a through road on the estate. are they just being paranoid?
What are the pitfalls of handing over the estate to the council?
Who would own the land if (a) the council took it over and (b) the residents set up a management company themselves?