I have hosting which is Managed wordpress & my domain name is : http://www.fairiesandgnomes.com/
I am not able to connect to ftp, and whenever I am able , I can neither edit files nor change file permission..
Let me know what can be the issue.
This frequently happens with most of the managed wordpress server FTPs.
Thanks in advance.
Try accessing your ftp server through a browser instead of your usual method and software. There are plenty of examples how to do this online. Just search: accessing ftp in browser window.
If you are then able to access your files then you probably can assume it's a software related issue.