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Management Fees
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In the commercial world a company couldn’t arbitrarily charge a client what they think they can get away with to “Cover the Costs”, they would have to see where costs could be cut, cut out the dead wood so to speak and concentrate upon delivering a true quality, cost effective service! All we have witnessed is a continuation of poor delivery on a range of services. Having said that, due to our continued pressure we are at last seeing evidence that OBHA are trying to tackle their inadequacies that we ‘Leaseholders have to pay for! It could well be argued (on certain estates) that Orbit are bringing in lower services charges and that's why the management fees appear to be exceptionally high, there is of course a counter argument which is, 'That's exactly what they are paid to do'! and that is to keep our service charges as low as they can whilst delivering 'Best Value'. But we haven't been consulted on the 'fixed' management fee charge, once again this highlights the complete lack of communication with 'Leaseholders. To see the percentage charge increase year on year is worrying for all and the chart below, although a snap-shot of estates, shows an erratic display of financial management, especially in the case of Hurstwood Ave who have witnessed a massive increase in service charges for 2007/8 which makes the percentage figure almost acceptable. We think not!
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