Rogue management board and cladding grant funding?

  • Filter
  • Time
  • Show
Clear All
new posts

    Rogue management board and cladding grant funding?

    Can anyone provide some guidance regarding The Private Sector ACM Cladding Remediation Fund? We are a residents group with apartments in an 8-floor building.

    We are extremely dissatisfied with the way the current management board (one individual in particular) have been running our affairs, and we are trying to force an EGM so that residents can either choose to retain the existing board or vote one or more out.

    The Board are aware of this and have written to residents saying that: “if the Board is disrupted (new members added or existing ones removed) during the cladding process/funding application, a new funding application would be required to be submitted and approved before the deadline. If this process is not completed each resident will be liable to pay their contribution towards the cladding works as opposed to obtaining government funding. This will result in approximately £60-70k costs to each resident on the estate as an additional cost on top of the service charge.”

    By forcing an EGM at this time, the new board will also be causing approximately 6-12 months’ worth of delays to the cladding remedial works/funding application which will mean again more costs to all residents via a longer waking watch being required estimated costs of £75-£150k.

    The existing board does not want to incur any unnecessary costs or delays to residents which will occur if disrupted

    We do not know if they are simply scaremongering and trying to spread fear, so new directors aren’t voted in or whether what they assert is true. Based on what’s set out above, can we still go ahead with our desired EGM, or should we suspend this action?

    Thank you in advance for any replies

Latest Activity


  • Reply to Reserve fund
    by eagle2
    It is important as well to check if the lease requires the reserve/sinking fund to be held in a separate bank client account. If there is only a general bank client account, it is often raided for other purposes....
    16-05-2021, 04:58 AM
  • Reserve fund
    by Starlane
    Our lease requires us to pay into a reserve fund, is this fund subject to S20 consultation? Or would the monies be used as stated in the lease for regular cyclical decoration which would come under repair and maintenance? Meaning as its cyclical no S20 required even though the amounts from...
    12-05-2021, 07:16 AM
  • Informal lease extension advice - linked with RPI
    by NiallOisin
    Hi, I hope all is well. I've read some fantastic and very helpful advice on this forum and hoped someone may be able to help me with the particularities of my situation.

    I am currently helping my mother extend her lease. As she is eager to sell the property in the near future, we do not...
    15-05-2021, 23:55 PM
  • Reply to Advice for CCJ dispute over ground rent payments
    by Macromia
    It's possible that the OP doesn't know the outcome of the hearing yet....
    15-05-2021, 21:02 PM
  • Advice for CCJ dispute over ground rent payments
    by Charlotte163
    Advance warning: this is going to be a lengthy post – but I really would appreciate advice from anyone who might be able to help ..

    For background: in 2017, I (along with 3 friends), purchased a leasehold property with the intention of renovating it and selling it on (the “investment...
    02-05-2021, 11:55 AM
  • Reply to Reserve fund
    by Macromia
    It will depend on the what the lease says about a reserve fund, and whether or not it restricts the way that the fund is allowed to be used....
    15-05-2021, 20:54 PM
  • RICS code
    by Starlane
    we are only a small site and for a small site which is supposed to be a dormant RMC the SC seems ridiculously high with most of the money being demanded for company Secretary , company accounts and high management fees and insurance.There are no services. The directors have now said that...
    05-05-2021, 17:05 PM
  • Reply to RICS code
    by Macromia
    Which is why Article 2 needs to be read as well.

    Article 2 gives approval to the third edition of the code.
    Article 3 withdraws approval of the earlier version so that there can be no argument which applies.

    Eventually the 4th edition will likely become the approved version...
    15-05-2021, 20:50 PM
  • Reply to RICS code
    by fos333
    As Macromia stated in #65 the 3rd Edition of 'The Code' is currently approved.

    15-05-2021, 19:26 PM
  • Unreasonable Withholding of Consent by Freeholder?
    by wabdiddly
    Dear All,

    Looking for an opinion and some legal views behind what I can do in the following situation.

    My top floor flat has rather wonky flooring, which the structural engineer's report described as "in poor condition and needs levelling to provide satisfactory living...
    13-05-2021, 18:29 PM