ANGRY residents have set up a company to take over the management of their homes.
Residents of Evelyn Fison Mews, Stowmarket, were so concerned with the way their service charges had been spent that they decided to take matters into their own hands and establish EFM Stowmarket.
Directors John Maryon, Terry Johnson and Helen Whitehead said they founded the company to ensure the estate, made up of 34 flats and apartments, was wisely managed and residents got good value for money.
Mr Maryon said: “We love our homes here and I think it’s an important message for people with similar problems that you can rise up, deal with it and achieve what we have managed to.”
EFM Stowmarket was officially launched on February 23 at an event attended by Stowmarket town mayor Debbie Ball and Gary Green, of Suffolk County Council.
Resident Rick Emberson said: “It makes a huge difference to us, I can sleep easy knowing that the money I am giving is being spent wisely.”
EFM Stowmarket’s directors hope that by June 2012 the estate will be out of debt for the first time.