Can I do anything about my management charges being increased?

Irish News of the World
May, 2009

Diarmuid MacShane

Question:

I live in an apartment block where last year I was charged €765 in management charges. This year, the management company have told me that I now need to pay €965.

I wasn’t even happy with the service I was getting last year – the management agents are rubbish – so this new charge is definitely a rip off.

Do I have to pay this or is there anything I can do?

Answer:

It’s more than likely that when you bought your property that you signed a contract that obliges you to pay the management fee every year. Technically then, if you withhold payment, your management company could take legal action against you.

You’re only course of action is to follow up with your management company to see if they can have the management agents improve their services in the coming year.

Maybe if you specifically detail what your issues are, it might make it easier for them to follow up and fix things.

The National Property Services Regulatory Authority (NPSRA) will eventually regulate this area, but it doesn’t yet have any powers.

Share with Others?Tweet about this on TwitterShare on FacebookShare on LinkedInShare on Google+Email this to someonePrint this page

, , ,

One Response to Can I do anything about my management charges being increased?

  1. Serial Complainer June 25, 2009 at 21:07 #

    He needs to understand the difference between the mgmt company and the managing agent, as a first step. If he owns the apartment, he is a shareholder of the management company. Did he attend the AGM where the accounts were presented and the annual fee was agreed?

Leave a Reply

Powered by WordPress. Designed by WooThemes

hit counter