New house shared entrance - annual management fee

doberden

Registered User
Messages
414
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?
 
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?