New house shared entrance - annual management fee

Hi,

Looking at a new house at the moment in a scheme of 3 houses. Price and quality of house is very good and stamp duty is very low as it's a new build. Only issue is that the developer said we will have to have a management company for the shared areas which is something I really don't like. Basically the houses are the back of other houses and there is a tarmac driveway (which will be shared by all 3 houses) up to the houses. It's the tarmac driveway and walls that the management company will have to look after!

Anyway, I have something against paying an annual (every increasing!) management fee for something that requires very little management or maintenance.

Is there any way around this?

doberden said:

and stamp duty is very low as it's a new build

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I thought the rates of duty applicable for residential property whether new or second-hand were the same (assuming PPR and > 125sqm of course)?

how much is the proposed fee and who will be managing it (friends of the developer no doubt!). is there a fixed term proposed in the contract?

The estate agent is organising it so we don't know fees yet.