Yarn Street

Introduction

This site is managed by the Yarn Street (Hunslet) Management Company Limited.

Our goal is to provide resident owners with direct updates on estate maintenance, upcoming meetings, and community news.

We want to bring our community closer by creating a direct line of communication between the ManCo Board and you, the owners.

By joining our independent mailing list, you will receive first-hand updates on our vision for the estate and have a direct say in our plans – independent of our day-to-day management through RMG.

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Frequently Asked Questions (FAQ)

What is the Management Company? What is a “ManCo”?

A Management Company (or ManCo for short) is a formal legal entity established to manage and maintain the shared “common parts” of an estate or building.

Ownership: It is usually a resident-led, non-profit company where every homeowner is a shareholder.

Purpose: Its primary role is to ensure communal areas – like gardens, private roads, mews, and courtyards – are kept in good repair for the benefit of all residents.

Governance: It is run by Directors, who are all unpaid volunteer residents. They hold the final decision on the estates short-term and long-term plans.

What is RMG’s Role on the estate?

Residential Management Group (RMG) is a professional Managing Agent appointed by the ManCo.

Budgeting: RMG’s specialists (accountants and analysts) prepare the draft Service Charge Budget each year, which they submit to the ManCo Directors for formal sign-off.

Operational Management: They organize routine maintenance (gardening, cleaning, communal repairs) and appoint or manage contractors on behalf of the ManCo.

Finance & Compliance: RMG is responsible for collecting service charges, paying contractors, and providing technical support for legal and compliance matters.

Customer Service: They provide a 24/7 customer service team for residents to report communal faults or discuss their service charge accounts.

When should I contact RMG?

RMG is our appointed managing agent. They handle the day-to-day operations and administrative tasks of the estate. You should contact RMG for:

Communal Repairs: Reporting broken lights, gates, or issues with gardens and private roads.

Service Charges: Queries regarding your statements, payment dates, or direct debits.

Emergency Repairs: Urgent communal issues (e.g., a burst pipe in a shared area).

Property Sales: Providing management packs (LPE1 forms) when you are selling or remortgaging.

RMG Living Portal: Accessing site visit reports, building insurance documents, and your account history.

Contact RMG via: The RMG Living Portal or their 24/7 Customer Service team.

When should I contact the Yarn Street ManCo?

The ManCo Board consists of volunteer resident directors. We set the strategy and oversee RMG performance. You should contact the Board for:

Strategic Decisions: Questions about the long-term vision or significant changes planned for the estate.

RMG Performance: If you feel a routine issue has not been resolved after several attempts with RMG and need to escalate.

Budget Oversight: General questions about why certain projects were prioritized in the annual budget.

Community Feedback: Suggestions for community events or improvements to the estate that fall outside of routine maintenance.