Visitors to the site are reminded that the details contained within user comments are uncorroborated and as such should not be read as fact but as the opinion of the person who left the comment.
Comments:
DO NOT TOUCH WITH A BARGE POLE! Incompetent doesn't even begin to describe them. We are in the process of wrestling our management back from these morons. A catalogue of mismanagement, unpaid bills, lies and debts owing. I cannot believe they are still trading.
Unfortunatly, CPM (RMG) are not the only Managaging Agents who do not provide the level of service you would expect. As an invester in greater manchester for the past 10 years I was so fed up with a whole tranch of managing agents I ended up becoming a director of the management company on one site and sueing the Agents for breech of contract.
I also set up my own Property Management Company and now look after several sites a couple of which are ex Trinity Sites, also CPM and Steven Scanlans.
I have also helped some smaller sites to self manage on a self manage transfer agreement. Most leaseholders are not aware that they have rights under the terms of there lease. and most Managing agents don't see the leaseholders as the client(s). The fact is they are appointed by the developer / builders and usuall on a low start out service charge budget which cant be achieved, only to hit the leaseholders with either a massive increase or a levy at the end of the year.
In my experience, if you are honest and present a budget to the leaseholders against a long term plan, say three years, they understand and will accept the service charges.
Furthermore, some of the invester deals that have been done have meant that in the first couple of years the service charge income was very low and those who have been paying have also had to pay levies due to those who do not pay.
As managing agents dont make any money out of chasing debts, they are slow to react and increasingly they are writing of lomg term debts to remove the problem. No way, start the court proceeding straight away and write to the mortgage companies who have the registered charge on the property, they will cough up in the end.
I SAY DON'T BECOME COMPLACENT, GET INVOLVED AND MAKE SOME CHANGES.
Add a comment about this blagger
Visitors to the site are reminded that the details contained within user comments are uncorroborated and as such should not be read as fact but as the opinion of the person who left the comment.
Comments:
I am trying to trace a Watchdog programme clip for the 23rd March 2009. CPM were featured negatively here.
I've tried iPlayer and YouTube, but can't seem to find it.
If anyone knows where I can get the link it would be a great help.
We are experiencing massive problems with CPM/RMG Asset Management and want to 'get rid!'.
Many thanks, Alf.
I just wondered if anyone knew where I could get hold of the Watchdog programme clip for CPM Asset Management which was shown on the 23rd March 2009.
I've been to iPlayer and YouTube, and I can't seem to find it.
We are having tonnes of problems with this Company, AKA RMG!!
Many thanks, Alf
I also set up my own Property Management Company and now look after several sites a couple of which are ex Trinity Sites, also CPM and Steven Scanlans.
I have also helped some smaller sites to self manage on a self manage transfer agreement. Most leaseholders are not aware that they have rights under the terms of there lease. and most Managing agents don't see the leaseholders as the client(s). The fact is they are appointed by the developer / builders and usuall on a low start out service charge budget which cant be achieved, only to hit the leaseholders with either a massive increase or a levy at the end of the year.
In my experience, if you are honest and present a budget to the leaseholders against a long term plan, say three years, they understand and will accept the service charges.
Furthermore, some of the invester deals that have been done have meant that in the first couple of years the service charge income was very low and those who have been paying have also had to pay levies due to those who do not pay.
As managing agents dont make any money out of chasing debts, they are slow to react and increasingly they are writing of lomg term debts to remove the problem. No way, start the court proceeding straight away and write to the mortgage companies who have the registered charge on the property, they will cough up in the end.
I SAY DON'T BECOME COMPLACENT, GET INVOLVED AND MAKE SOME CHANGES.
www.edgepmc.com
Back