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Example Case Studies From The Agents We Work With
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New-build, 156 Leasehold flats
Campaigned to fix building defects
As managing agents, Red Rock was instructed by the residents Management Company to manage the
block and assist with the catalouge of building defects left by the developer.
Initially, the leaseholders felt compelled to remedy the defects via a build warranty insurance claim for each block; but the insurance policy had a £1,250 excess per unit and, with not enough money held in reserve, this needed to be paid by every leaseholder before works could commence.
Working with the resident directors, Red Rock mounted a campaign locally, involving Sir Bob Russell, the Liberal Democrat MP for Colchester. The upshot is that Weston Homes have now listened to their customers and agreed to completely remedy the defects, working closely with Red Rock to ensure that expectations are met.
Leaseholders have been spared a bill for the excess of £187,200.
Initially, the leaseholders felt compelled to remedy the defects via a build warranty insurance claim for each block; but the insurance policy had a £1,250 excess per unit and, with not enough money held in reserve, this needed to be paid by every leaseholder before works could commence.
Working with the resident directors, Red Rock mounted a campaign locally, involving Sir Bob Russell, the Liberal Democrat MP for Colchester. The upshot is that Weston Homes have now listened to their customers and agreed to completely remedy the defects, working closely with Red Rock to ensure that expectations are met.
Leaseholders have been spared a bill for the excess of £187,200.
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For the Shooters Hill estate, made up of 72 flats over three blocks
Completed a major works program
As managing agent, Jennings and Barrett was instructed by the Residents Association to manage the work. They quickly got the process underway to inform leaseholders of the proposals, raise funds, and invite tenders for the work. Using their in-house RICS surveyor, John Shine, a specification for the works was soon drawn up.
To minimise disruption to residents and to make funding easier on lessees, one block was completed per year, with a period of six weeks required per block. Within three years, the whole estate had a revamped look and all residents felt the revitalising effects in their day-to-day life
To minimise disruption to residents and to make funding easier on lessees, one block was completed per year, with a period of six weeks required per block. Within three years, the whole estate had a revamped look and all residents felt the revitalising effects in their day-to-day life