Renovation works - Help for leaseholders
Woodside park London NW12 8RQ
After years the residents wanted to patch up the asphalt driveways around the block. The managing agent quickly signed the management company up for contract administration. All the residents were shocked when the tenders started coming in at £140,000. After investigation it appeared the former agent wanted motorway grade wearing course for the project, which was outrageous due to the fact they only wanted to patch up the asphalt driveways. The directors shortly after finding out the tenders on the project wanted their own quote for the job.
We advised them that Section 20 consultation was required and that resident's quotes were not safe for managing company to rely on. We advised perhaps the best option was to hire the engineer for 1 day to convert the preferred contractor's estimates specification. We could get all contractors that have given quotes to residents to do a re-quote with the new specifications.
After the section 20 Stage 2 Consultation notice was served and the job was completed the residents were pleased we helped save money.
We received an email from one of the board members of the Woodside Park management company; he went on to say he was confident to say appointing Ringleys to the case was the best move. They had appointed other ARMA members who promised but did not deliver. He pointed out prior to appointing Ringleys they were subject to major works. That would have leaded to reduction up to 60% from original quotes presented by previous managing agents. We here at Ringleys are really pleased of the outcome and helping the residents save a lot of money.