Last year (2024) due to many unremedied breaches of contract, we replaced Advance Block Management (ABM), with a new managing agency taking over from April. ABM committed to completing a full handover – records and funds - to the new agency by September. To date, February 2025, they have not handed over any accounting information or the leaseholder funds which they still hold. Consequently, we are not able to produce service charge accounts for their final year of management or carry out any audit of their financial integrity in handling our affairs. Our new agents discovered that many budgeted bills ABM were responsible for paying had not been paid, leaving them to deal with several supplier and utility company creditors. ABM have given several false assurances that handover will occur but each time nothing happens. As far as we are concerned ABM have ‘gone rogue’ and we are forced to conclude that they have misappropriated our client funds. Two formal complaints to the company last year (regarding contract breaches and failure to handover) received no response from ABM and are currently being dealt with by The Property Ombudsman.
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Advance Block Management is a professional property management company. We cover all areas and manage properties and estates
in England and Wales.
