Our management company is paying €70,000 a year for security that we don’t need. What can we do? - News Summed Up

Our management company is paying €70,000 a year for security that we don’t need. What can we do?


My question is in regard to an owners’ management company (OMC). The retention of this security patrol has become contentious as the contract now costs €70,000 annually and has made the OMC annual service charge very expensive. If they decide to discontinue it, they can remove it from the annual service charge budget. The relatively low threshold for approving the annual service charge budget exists for a good reason. There is always a risk that members may vote only for the lowest possible service charge, leading to a funding shortfall that hampers proper management.


Source: The Irish Times January 20, 2026 14:31 UTC



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