How to Change Your Property Managing Agent

Let’s be honest. You’re reading this because you’re probably at your wit’s end with your current managing agent.

Maybe they take ages to reply to your emails. Perhaps that leak in the communal hallway has been “on the list” for months. Or your service charge statements look like they were designed to confuse rather than clarify.

Whatever’s brought you here, you’re wondering if you can actually do something about it. Can you get shot of them and find someone better?

The short answer is yes, you probably can. And it might not be as complicated as you fear.

I’m going to walk you through the nitty-gritty of changing your property managing agent, based on our experience helping hundreds of frustrated leaseholders across England make a switch for the better.

Signs It’s Time to Show Your Agent the Door

Before we get into the how, let’s be crystal clear about when it’s time for a change. Here are the red flags we see time and again:

The Silent Treatment

You send an email about something important. Crickets. You follow up a week later. More silence. Eventually, you get a rushed reply that doesn’t actually answer your question. Sound familiar?

Good managing agents respond promptly. Not necessarily instantly, but certainly within a day or two for normal queries, and within hours for urgent matters. If yours regularly ghosts you, that’s a problem.

The Magical Disappearing Service Charge

Your service charge money goes in, but what comes out? If your agent can’t or won’t provide clear breakdowns of spending, consider it a warning sign. Your money shouldn’t vanish into a black hole.

We’ve seen cases where leaseholders discovered their agent was using one building’s funds to cover shortfalls in another โ€“ that’s not on!

The Eternal Maintenance Merry-Go-Round

“We’ve reported it to the contractor.” “The contractor is scheduled to visit.” “The contractor couldn’t gain access.” “We’re waiting for parts.”

Months pass. Nothing happens. The issue persists. This cycle of excuses without results isn’t just annoying โ€“ it can lead to more serious problems and higher costs down the line.

The Surprise Bill Bonanza

Special one-off charges keep appearing without warning. Your reserve fund mysteriously runs dry. Contractors seem oddly expensive compared to what you’d pay privately.

While some unexpected costs are legitimate, a pattern of financial surprises often indicates poor planning or worse.

Can You Actually Sack Your Managing Agent?

Right, so you want to switch. But can you legally do it? It depends on your situation:

If You Have a Resident Management Company (RMC)

If you’re part of an RMC (where leaseholders own shares in a company that manages the building), you’re in the driving seat. The RMC can decide to bin the current agent and hire someone new by:

  • Following the voting procedures in your company’s articles
  • Having directors formally agree to terminate the current contract
  • Appointing a replacement

This is usually the simplest situation for making a change.

If You Have Right to Manage (RTM)

If your building has successfully claimed Right to Manage, you’ve already wrestled control from the freeholder. Your RTM company can decide to change agents through a similar process to an RMC.

Not sure what Right to Manage is? It’s a legal right that lets leaseholders take control of their building’s management without having to prove fault or buy the freehold. Handy stuff.

If Your Freeholder Calls the Shots

If your building is managed by the freeholder’s chosen agent, things get trickier. Your options depend on:

  • What your lease actually says (some give leaseholders rights to approve agents)
  • Whether the freeholder might be persuaded to change
  • How many of your neighbours support a change

If the freeholder digs their heels in, you might need to consider more formal routes like Right to Manage or even a tribunal application.

For Smaller Blocks

If you’re in a tiny block (say 4-8 flats), you might have an informal arrangement. In these cases, a simple majority agreement might be enough to make a change, particularly if several of you jointly own the freehold.

Steps to Change Your Property Managing Agent

So you’ve decided a change is needed, and you’ve checked that it’s possible. Here’s how to actually do it without making a pig’s ear of the process:

1. Check Your Current Contract

First, dig out that management agreement. You’re looking for:

  • How much notice you need to give (usually 1-3 months)
  • Any get-out clauses
  • Specific hoops you need to jump through to terminate
  • Any penalties for early termination

Some agents make their contracts trickier to exit than a hedge maze, so read the small print carefully.

2. Get Your Neighbours On Board

Unless you’re a freehold owner making a solo decision, you’ll need support. Here’s how to rally the troops:

  • Start with informal chats to gauge feelings
  • Document specific problems with times, dates and details
  • Hold a meeting to discuss concerns
  • Be ready for some neighbours to be more bothered than others
  • Create a simple yes/no survey to get clear backing

Remember, your retired neighbour who’s home all day might have a completely different experience with the agent than you do with your 60-hour work week. Listen to different perspectives.

3. Shop Around for Better Options

Before you pull the plug on your current agent, make sure there’s someone better out there:

  • Ask nearby buildings who they use
  • Look for managing agents for small blocks of flats if that’s your situation
  • Check online reviews (but take extremes with a pinch of salt)
  • Request proposals from at least three companies

When comparing real estate management companies, look beyond who’s cheapest.

4. Make It Official

With alternatives lined up and neighbours supportive, it’s time for the formal bit:

  • For RMCs and RTM companies, hold a proper board meeting
  • Record the decision in the minutes
  • Follow your articles regarding voting
  • Document exactly why you’re making the change
  • Authorise someone to sign the new management contract

Cutting corners here can come back to bite you, so do it by the book.

5. Give Notice to Your Current Agent

Now for the awkward bit โ€“ telling your current agent they’re fired:

  • Put it in writing (email AND post)
  • Reference the exact terms in your management agreement
  • State the termination date clearly
  • Request written confirmation
  • Keep it professional (however tempting it is to vent)
  • Specify what you expect during the handover

Send it by recorded delivery so they can’t claim it got lost in the post. We’ve seen that trick before.

6. Bring in the New Agent

With the break-up process underway, it’s time to make things official with your new property managing agent:

  • Go through the contract with a fine-tooth comb
  • Be crystal clear about what services are included
  • Ask what happens if things go wrong
  • Agree exactly how they’ll communicate with residents
  • Work out a detailed handover plan

Make sure your new contract addresses all the issues that drove you mad with the previous agent. There’s no point changing just to face the same problems again.

The Handover Period

The transition between agents is when things can go pear-shaped if you’re not careful. Here’s what needs to happen:

Money Matters

  • Transfer of service charge funds (this can be like getting blood from a stone with some outgoing agents)
  • Checking the accounts balance (do the numbers match what they say is left?)
  • Moving bank accounts or setting up new ones
  • Agreeing clear cut-off dates for financial responsibility

The Paper Trail

  • Building plans and warranties
  • Maintenance records (what’s been done and when)
  • Health and safety certificates (fire alarms, emergency lighting, etc.)
  • Insurance documents
  • Contractor information
  • All leaseholder details

Keys and Codes

  • Building entry codes and fobs
  • Plant room keys
  • Roof access
  • Electrical cupboards
  • Communication with current contractors

Ongoing Issues

  • Status of repairs in progress
  • Outstanding leaseholder complaints
  • Planned maintenance that’s been agreed
  • Any disputes or legal issues rumbling on

Keeping Everyone in the Loop

  • Letter to all leaseholders about the change
  • Introduction of the new team
  • New contact details
  • Updates on how things are progressing

Good change property management agent plans account for all of these elements.

Common Problems and How to Handle Them

Let’s not sugar-coat it: changing your property managing agent isn’t always smooth sailing. Here are some typical hiccups and how to deal with them:

The Sulking Ex

Some outgoing agents turn into that ex who won’t return your stuff after a breakup. They might:

  • Drag their feet handing over documents
  • Claim they can’t find important information
  • Hold onto money that isn’t theirs
  • Make the whole process unnecessarily painful

If this happens, document everything, reference your legal rights, and be prepared to get solicitors involved if necessary. Sometimes a formal letter on legal letterhead works wonders.

Freeholder Playing Hardball

If your freeholder appointed the current agent, they might dig their heels in. If that happens:

  • Check your lease to see what rights you actually have
  • Consider the Right to Manage route if direct negotiation fails
  • Suggest a compromise (like proposing a shortlist of acceptable alternatives)
  • Present solid evidence of management failures if you need to go to tribunal

Awkward Timing

The notice periods might create gaps or overlaps. To manage this:

  • Try to negotiate flexibility with both the old and new agents
  • Consider a short overlap period where both are technically appointed
  • Create a detailed timeline of who’s responsible for what and when

Service Hiccups

Things might slip during the changeover. Minimise this by:

  • Making sure emergency response is clearly assigned
  • Prioritising essential services like lift maintenance and security
  • Having contingency plans for critical building systems
  • Keeping residents clearly informed about who to contact during the transition

Finding the Right Managing Agent: Who to Trust with Your Building

The success of this whole operation hinges on choosing the right replacement. Don’t jump from the frying pan into the fire. When evaluating potential agents, consider:

Size Matters (Sometimes)

Bigger isn’t always better. Large real estate management companies might have fancy software and processes, but you might end up feeling like just another account number. Smaller firms often give more personal attention but might have fewer resources for complex issues.

Think about what matters most for your building. A massive high-rise with complex systems might need a larger firm. A converted Victorian house with six flats might do better with a boutique agent.

Been There, Done That

Some agents specialise in specific building types. If you’re in a listed building with special requirements, find someone who knows the ropes. If you’re in a modern block with fancy tech systems, you want an agent who understands how it all works.

Ask potential agents about similar buildings they manage and how long they’ve been looking after them.

Local Knowledge vs National Presence

There’s real value in an agent who knows your area well. They’ll have relationships with local contractors, understand regional pricing, and know area-specific issues.

National firms might offer more resources but sometimes lack that crucial local touch. For managing agents for small blocks of flats, local knowledge is often particularly valuable.

What’s Actually Included?

Managing agents vary enormously in what they include in their standard fee. Some include regular site visits, others charge extra. Some include company secretarial services for your RMC, others don’t.

Get a detailed breakdown of exactly what you’re getting for your money, and what triggers additional fees.

How Legacy Block Management Handles The Awkward Transition Period

When a building switches to Legacy Block Management, we understand it’s often after a period of frustration. Our handover process aims to make the change as smooth as possible:

  • We start with a thorough building inspection to spot any urgent issues
  • We meet with directors or key leaseholders to understand specific pain points
  • We set up direct communication with all residents from day one
  • We create a detailed handover schedule with the outgoing agent
  • We ensure complete financial transparency during the transition
  • We provide regular updates during the changeover period

We recognise that changing your property managing agent is a big decision, and we work to validate that decision from day one.

Making the Most of Your New Agent

Once you’ve made the switch, here’s how to build a successful relationship with your new agent:

  • Schedule regular catch-ups (quarterly is often about right)
  • Provide feedback early on rather than letting niggles fester
  • Allow a reasonable settling-in period (nobody’s perfect from day one)
  • Consider creating a small residents’ working group for ongoing liaison
  • Agree on how performance will be measured and reviewed

Remember that building a good management relationship is a two-way street. The best partnerships involve clear expectations on both sides and open communication.

Need a Hand With Changing Your Managing Agent?

If you’re thinking about switching your property managing agent but finding the process daunting, Legacy Block Management can help navigate the change.

We specialise in taking over from other agents with minimal fuss and maximum transparency.

Whether you’re just exploring options or ready to make the move, give us a ring on 03300104717 or drop us an email at [email protected] for a no-pressure chat about how we might be able to help.

Legacy Block Management provides professional property management services throughout England, with particular expertise in managing small to large-sized residential blocks and supporting Resident Management Companies.