£136 admin fee for late payment

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Unhappy333's review of Simarc Property Management Limited - www.simarc.co.uk


“£136 admin fee for late payment”

Written on: 15/09/2017 by Unhappy333 (1 review written)

1 star given as there's no option for no stars.
We purchased a new build property from Barrett in 2006. At the time the ground rate was around £130 per year, 5 years later the lease was sold on to Simarc. The Ground Rate demand almost doubled to £250 per year. Not realising the only method Simarc now use to send demand notices is via email only, we missed the demand (went to a spam folder). Missed the Ground Rent Charge now and admin fee as been applied. The fee is £130 which is 60% of the original demand despite this being the first year of none payment. Simarc suggests opening a case with the First-tier Tribunal (Property Chamber). The price of this is £300 (£100 to apply & £200) to go to court. Simarc is aware of this which is why the admin fees are so high. Any info on how to take this forwards would be happily received

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