Valleyside Management Company Ltd

To RMG 25/10/2010 Terminating RMG's appointment
To RMG 02/12/2010 Requesting information and documents from RMG
To RMG 28/03/2011  Chasing RMG
To RMG 18/04/2011 Chasing RMG
From RMG 12/05/2011  RMG not aware of outstanding issues
To RMG 25/05/2011  Further Chase
From RMG 02/06/2011  Acknowledge receipt of 25/05/11 letter
From RMG 17/06/2011 Unhelpful response
To RMG 02/07/2011 Detailing outstanding matters
To RMG 25/08/2011 Chasing response
From RMG 19/09/2011  Unhelpful response
From RMG 26/09/2011 £42.00 Refund from RMG

Termination of Residential Management Group (RMG) – October 2010.

Following the decision of leaseholders at the meeting held on 19 October 2010, RMG were provided with notice of termination of their management duties. Residential Management Group Ltd (RGM) were asked to return all financial records, the share register, correspondence and importantly leaseholder’s funds. However, as of 17 December 2010 RMG had not returned any money or other financial records such as invoices or bank statements A new bank account was opened with HSBC to hold Service Charge funds and work began setting up records and copying what documents we had, to make them available on this website. Accounts were then quickly prepared for the year to 31 March 2010 in order to avoid late filing penalties.  These accounts are based on figures provided by RMG despite there being no supporting documentation from RMG. The company remained concerned about the lack of financial records and continued to press RMG for these and the return of leaseholders’ funds, the final receipt being in September 2011.