Long Leasehold Questions

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Sticky: FAQ On Leasehold Property Issues-Your Answer Might Be Here by leaseholdanswers Started by leaseholdanswers, 29-05-2014, 08:36 AM	1 response 7,952 views 0 likes	Last Post by Guest 30-09-2014, 17:12 PM
Leasehold remortgage by LC4OA Started by LC4OA, 25-01-2020, 17:06 PM	2 responses 18 views 0 likes	Last Post by LC4OA 25-01-2020, 23:31 PM
Help - Loft Demise - Lease - Trespassing?? by Mrmckenzie74 Started by Mrmckenzie74, 24-01-2020, 16:51 PM	9 responses 84 views 0 likes	Last Post by Mrmckenzie74 25-01-2020, 22:54 PM
Section 20 Major Works: undisclosed connection between landlord and winning bidder by AB2017 Started by AB2017, 25-01-2020, 22:33 PM	0 responses 16 views 0 likes	Last Post by AB2017 25-01-2020, 22:33 PM
Getting rid of a build in wardrobe by annaV Started by annaV, 25-01-2020, 14:12 PM	1 response 32 views 0 likes	Last Post by scot22 25-01-2020, 22:23 PM
Directors Appointment and change of registered address by ZIGGYVIGGY Started by ZIGGYVIGGY, 12-01-2020, 16:46 PM	19 responses 174 views 0 likes	Last Post by ZIGGYVIGGY 25-01-2020, 20:33 PM
How to abolish ground rent on a leasehold property by TruthLedger Started by TruthLedger, 22-01-2020, 16:15 PM	5 responses 146 views 0 likes	Last Post by Benzo 25-01-2020, 11:40 AM
Options for directors of a limited company to avoid having to manage a block? by Chester14 Started by Chester14, 24-01-2020, 11:10 AM	9 responses 83 views 0 likes	Last Post by Chester14 25-01-2020, 07:18 AM
Being removed as a director from freeholder company by surreygirl Started by surreygirl, 20-01-2020, 14:42 PM	12 responses 133 views 0 likes	Last Post by MrSoffit 24-01-2020, 10:33 AM
Freeholders breach of the lease by surreygirl Started by surreygirl, 16-06-2019, 09:39 AM	64 responses 1,270 views 0 likes	Last Post by surreygirl 22-01-2020, 15:31 PM
3 Apartments 3 freehold owners. 1 causing problems by Dora Stephens Started by Dora Stephens, 19-01-2020, 09:07 AM	4 responses 116 views 0 likes	Last Post by leaseholder64 21-01-2020, 23:11 PM

Reply to Leasehold remortgage

by LC4OA

A reserve fund is for major works and is provided for in the lease. However, agents are trying to take £1500 for a contingency fund which they say covers risk assessments and surveys although assessments/surveys that have been undertaken have also been demanded under separate headings in service charge....
- Channel: Long Leasehold Questions
25-01-2020, 23:31 PM
Leasehold remortgage

by LC4OA

I’m in the process of remortgaging my leasehold property. I’m in dispute with the managing agents over historic section 20 notice of intention failures for two sets of major works and for me not paying into a contingency fund, for which there is no provision in my lease. The arrears equal £3k....
- Channel: Long Leasehold Questions
25-01-2020, 17:06 PM
Reply to Help - Loft Demise - Lease - Trespassing??

by Mrmckenzie74

Are you sure on above, as Lawcruncher usually says if the hatch is in your flat, the loft belongs to you ( which I always disagree with.)

- Apologies, I said freeholder instead of leaseholder...

Regarding a hatch in your ceiling - where else can it be put. Build...
- Channel: Long Leasehold Questions
25-01-2020, 22:54 PM
Help - Loft Demise - Lease - Trespassing??

by Mrmckenzie74

Hi all!

Hope you're all well?

I'm new here so I hope you don't mind my direct approach.
I may be in a bit of a pickle and could really do with a bit of advice on the following...

Snap shot:

Top floor flat

Purpose built maisonettes...
- Channel: Long Leasehold Questions
24-01-2020, 16:51 PM
Section 20 Major Works: undisclosed connection between landlord and winning bidder

by AB2017

Hi, our landlord is running a section 20 consultation for a major works contract. He obtained three quotes, one very high, the second very slightly cheaper and the third very low. The third was disqualified, purportedly on the grounds that they must have misunderstood the job. The second bidder has...
- Channel: Long Leasehold Questions
25-01-2020, 22:33 PM
Reply to Getting rid of a build in wardrobe

by scot22

As a general rule I say always ask. Then you have been open and that should avoid any future problem. For any situation good communication is beneficial. If you ask before exchanging contracts and there are any issues you are forewarned and possibly negotiate price reduction.
- Channel: Long Leasehold Questions
25-01-2020, 22:23 PM
Getting rid of a build in wardrobe

by annaV

Hi all,

I am in the process of buyig a leasefold flat (110 years remaining). The master bedroom has a build in wardrobe, which is shown on the footprint. The flat has a second box room, which I intend turning into a walk-in closet as I live on my own and have plenty of things I need to...
- Channel: Long Leasehold Questions
25-01-2020, 14:12 PM
Reply to Leasehold remortgage

by AndrewDod

What's the difference between a reserve fund (which you say you paid) and a contingency fund (which you say is not provided for in lease)?

Who else paid for stuff - we presume the other lessees in the building are out of pocket somehow?

What timescale -- was this 10 years ago,...
- Channel: Long Leasehold Questions
25-01-2020, 20:57 PM
Directors Appointment and change of registered address

by ZIGGYVIGGY

Sequence of events:

2 directors ( both leaseholders) incorporated an RTM. RTM application was made successfully with support of 51 percent lease holders back in 2016

1. Freeholders managing agent was asked to leave. At this point reserves held were £55k and service charge...
- Channel: Long Leasehold Questions
12-01-2020, 16:46 PM
Reply to Directors Appointment and change of registered address

by ZIGGYVIGGY

Mr.Soffit thanks again for the elaborate email and apologies for a delayed response.
We are still waiting for the bank to revert. They say the new mandate is being processes. If the bank sorts this out in the next few days that will save us from pain of going thru setting up another account....
- Channel: Long Leasehold Questions
25-01-2020, 20:33 PM

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