Originally Posted by
chris lee
Hi Sludge I recently bought a flat in Bridgend, near the hospital.
Been a good experience in all honestly. Everyone warned me about services charges and leases, but having a management company has been great. They make sure the building and grounds are kept tidy and presentable. enforce rules such as no pets in building, and essentially make it a pleasant place to live.
They actually dropped my service charge from Ł120 a month to Ł55 a month this year as our 'reserve fund' had grown to 350k!! and our building is in good condition as is.
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Have you looked at Glanogwr House ? it is flats for over 55's (assuming your age sorry) right next to Newbridge. fields. fantastic building and location. you just join a waiting list and pay very affordable rent to live there. I am certain it is not means tested, meaning you could sell and invest your current equity
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