They own the freehold but are forced to pay often escalating estate management fees with no accountabilityThousands of homeowners on private estates are facing unregulated and uncapped maintenance fees, amid allegations that developers maintain created a cash cow from charging for communal areas not maintained by the council.
Management contracts for “unadopted” private estates are frequently sold off to speculators and property management companies in the same way as freeholds and ground rents – leaving homeowners with spiralling fees and nowhere to turn.
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Source: guardian.co.uk