No managing agent acting on property. Leaseholder failing to provide details

Collapse
X
  • Filter
  • Time
  • Show
Clear All
new posts

    No managing agent acting on property. Leaseholder failing to provide details

    I'm "mid" purchase on a property but the process is becoming etremely protracted.

    We are still waiting on details including:
    Service charge
    Confirmation of building insurance
    an estimate on the cost of roof & guttering repairs
    and so on.

    The issue seems to be that the leaseholder is currentlty in-between managing agents., meaning it is down to him to provide the above information, yet for soem reason, he doesn't seem to be in anyhurry to do so.

    We have had 2 responses from hi but neither offers details of the above, just comments that he is waiting on receipts and is waiting to confirm when the repair works will start.

    It has been 4 months since the offer was accepted and I secure a mortgage offer.

    My question is, is this quite common behaviour?

    Does anyone suspect foul play here?

    As far as I am aware, the seller still wants to sell but is not pressing her lawyer to press the leaseholder.

    Can anyone offer any advise or insight?

    Scott

    #2
    You mean the freeholder, not the leaseholder.

    Unless there is an unusual clause in the lease, there is no legal requirement for them to reply at all.

    Comment


      #3
      An attentive freeholder will know the answers to the questions you have posed even if he is in between managing agents - since any managing agent needs the freeholder's authority on all of these matters. I cannot understand your seller's laid back attitude though. As the buyer, there is not a lot you can do except press the seller to get the information to you. You could threaten that if the information is not received by x date, you will withdraw your offer.

      Comment


        #4
        As above.
        If the freeholder or those acting for the freeholder cannot issue the last 3 years service charges, nor tell you the estimated costs of the next service charges, THEN PULL OUT NOW.

        Comment


          #5
          Thanks everyone for your replies on the issues above. I did eventually pull out as suggested.

          Comment

          Latest Activity

          Collapse

          • Complain to Solicitor about Private Road?
            Lilybilly
            We purchased our property - number 7 of an estate of 7 new build houses two years ago. A year ago, going through the title plans of the purchase agreement, we noticed that the plan did not show our back garden as it is in reality. There was a large chunk missing.

            After threatening our solicitor...
            Title plan for land to east of number 7 has our front drive missing, and private road and visitor parking also not designated.
            19-02-2019, 10:28 AM
          • Reply to Complain to Solicitor about Private Road?
            Lilybilly
            Can anybody help?
            19-02-2019, 16:05 PM
          • Legal issue re Unadopted Road.
            josswallace
            I live in an unadopted road, its not a private road as thier is no owner,(Land Registry shows no owner and oppinion is original developer died with no heirs).

            I understand that I am responsible for the upkeep/maitanence of half the width of the road for the length of my frontage. Approximately...
            18-02-2019, 14:33 PM
          • Reply to Legal issue re Unadopted Road.
            Lawcruncher
            There are three possibilities for a road:

            · An adopted public highway
            · An unadopted public highway
            · A private road

            In each ownership is irrelevant to the status of the road.

            If a road is unadopted or private the frontagers (the owners of land adjoining...
            18-02-2019, 18:08 PM
          • Freehold Management Company
            timothytaylor
            Dear all,

            In 2002 I purchased a large building which was split into 6 flats.

            Each flat has their owns council tax, gas and electricity charge with one communal water meter to the building, and a single insurance bill.

            As we all know tenanting has its ups and downs,...
            18-02-2019, 11:22 AM
          • Reply to Freehold Management Company
            leaseholder64
            RMCs have no specific legal status, so they could have unlimited liability. However I very much doubt anyone has ever gone that way.

            As I think you need it to own the freehold, it will have to be registered, so making it limited liability, being the normal case, is likely to be easier....
            18-02-2019, 16:50 PM
          • Reply to Freehold Management Company
            timothytaylor
            I’m learning.

            Residents management company? - would that have to be a limited company, as I have read some are, or is the limited status optional.?

            I don’t doubt that it could be problematic, hence I am trying to do my homework – is there such thing as a gov.uk or rics...
            18-02-2019, 15:30 PM
          • Reply to Legal issue re Unadopted Road.
            leaseholder64
            The road is a private road, but probably owned by the Crown. If the developer was a person, that would only happen if the rules on succession were exhausted.

            I think frontage also includes backage and sideage!

            It is the owner that would have the legal right to cut the road...
            18-02-2019, 14:46 PM
          • Reply to Freehold Management Company
            leaseholder64
            The only way of having six people share the freehold is to form a residents' management company and make them members. The flats are then held under leasehold.

            The lease and the company articles need to interlock to ensure that membership of the company follows ownership of the leasehold...
            18-02-2019, 12:55 PM
          • Reply to Freehold Management Company
            timothytaylor
            Sorry, leaseholder64

            I am a mere novice.

            I think what I should have said, and please correct me if I am wrong,

            Six separate titles, six separate flats and shares in the freehold.? The intention being to ensure that all do have a fair voice, unlike some of the...
            18-02-2019, 12:12 PM
          Working...
          X