UK Leaseholders Question Maintenance Fund Management
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Developing
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Sources · 7 independent
“have spent on keeping the Yes, they're in good order, they haven't. work to be done. So it's a very slow process. It would be helpful if you could get some of those funds. But again, trying to get them, you've got legal costs. You've got to find where it's gone. It takes a lot of time.”
“where we are. So we've kept the maintenance charges I'll be off. I think it's £30,000 or £40,000. That's James Wilcott. Andrew Bullmer from the Property Institute. It seems to be in a opaque process, doesn't it, where people like James Wilcott and the people in the other flats in his building have been giving this money in good faith. They suspect that the management companies are taking excess profits and that their money has not been used in the way they intended. I know you can't discuss his case, but what do you say to that as a general idea? And I repeat the important point I made at the”
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