Management Company Costs

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    #16
    Originally posted by Macromia View Post
    Removing the 'difficult' director is really the only option here, appointing a managing agent won't address the situation and will only increase costs.
    Good managing agents will do what the directors tell them, so the decisions will still be being made by the directors (including the difficult one). Employing a managing agent who does what they want, rather than what the directors want, is likely to put you in a worse position than you are in now.
    Thankyou,
    Soooo,
    To remove a director, does the Company simply hold an extraordinary meeting, vote and thats it?
    Or, does a valid reason have to exist to remove him?

    I'm with you on your comments Re agents, we are just trying to distance ourselves from an angry obnoxious bigot.
    Andy

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      #17
      The EGM has to be called with at least 28 clear days notice and the intention to remove the director must be included on the calling notice. The director is allowed to circulate a statement as to why he should not be removed. Only a simple majority is needed.

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        #18
        Originally posted by leaseholder64 View Post
        The EGM has to be called with at least 28 clear days notice and the intention to remove the director must be included on the calling notice. The director is allowed to circulate a statement as to why he should not be removed. Only a simple majority is needed.
        Thankyou, very helpful

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          #19
          Originally posted by scot22 View Post
          Why not remove him as a director ? Then he will not be able to vote on decisions. Still be a pain but will he ever change whatever. A management company should not act independently of directors.
          Why even suggest this option of removing him as a director when surely he is out voted in the decision making process.

          Will it not antagonise him more being cast aside when really there is no need for this option.

          I haven't seen that he is continually calling meetings.

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            #20
            It is very difficult to have a constructive meeting if there is an unpleasant and negative element present. This will be especially noticeable with a very small number of directors. Stress levels will rocket.
            Not sure that he would be any worse than now. Decisions could be made more easily.

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              #21
              Small numbers of directors should be normal.

              Do the remaining directors start from different viewpoints and challenge assumptions, as it is very easy to go completely astray if you have lots of yes men.

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                #22
                The remaining 3 directors are very much "joined up".
                Unfortunately whilst he is a director he can add trivial juvenile points to the Agenda, one example being that he wants to maintain a 2 tone colour scheme of "adjoining items" to the property. We already have an informal agreement between us that existed before his arrival that covers a common colour to all window frames, doors and rainwater goods. He now wants this extended - wont know to what exactly until the AGM but it really is a nonsense, i believe it would be reference to some screening around an oil tank and some wooden planters which are within my demise and painted grey. We have to give up an evening of our lives to indulge this man and discuss this trivial drivel!. I believe he is pursuing a personal vendetta against me and my family as he believes we are the ones that reported him to the planning authority (we weren't). The other agenda points are in a similar vein and involve such critical discussions as the use of a communal hose pipe and the affixing of trellis to the external walls......!!!!!!! Grrrrrr!!!!

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                  #23
                  My company, based in Manchester, would quote between £900-£1300 per year depending on the size, scope of regular maintenance, inspection and Director meeting frequency. It's difficult to apply a per unit price when there aren't many, we need to make sure we can afford to actually manage the site, so'd quote a minimum fee level in cases like this.

                  Hope that's slightly helpful.
                  <a href="http://www.manchesterpropertygroup.co.uk/" target="_blank">Manchester letting agents</a>

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