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 7,337 views 0 likes	Last Post by Guest 30-09-2014, 17:12 PM
Fired by our Management agent! by zzhallk Started by zzhallk, 13-12-2018, 09:08 AM	4 responses 134 views 0 likes	Last Post by eagle2 14-12-2018, 15:40 PM
Undercharged Service Charge by Charlie122 Started by Charlie122, 13-12-2018, 19:14 PM	24 responses 199 views 0 likes	Last Post by eagle2 14-12-2018, 15:28 PM
Landlord charging to "register" Tenancy Agreement - allowed? by investor68 Started by investor68, 14-12-2018, 11:36 AM	5 responses 39 views 0 likes	Last Post by Lawcruncher 14-12-2018, 14:33 PM
RTM Register of Members by chris1544 Started by chris1544, 07-12-2018, 00:36 AM	11 responses 91 views 0 likes	Last Post by eagle2 14-12-2018, 07:27 AM
how to become a RTM director by Sahar Started by Sahar, 12-12-2018, 21:18 PM	12 responses 112 views 0 likes	Last Post by eagle2 14-12-2018, 07:11 AM
Service charge apportionment by Scientist Started by Scientist, 13-12-2018, 21:35 PM	4 responses 52 views 0 likes	Last Post by eagle2 14-12-2018, 07:10 AM
Flats without leases within our block, Advice needed! by susansussex Started by susansussex, 04-12-2018, 19:22 PM	10 responses 145 views 0 likes	Last Post by nukecad 13-12-2018, 11:56 AM
Amending text of Lease document by sophiejo Started by sophiejo, 21-11-2018, 12:21 PM	76 responses 1,411 views 0 likes	Last Post by Gordon999 13-12-2018, 10:53 AM
Leaseholder Legal Letter & Short Letting: Advice please by advicewelcome Started by advicewelcome, 04-12-2018, 03:13 AM	7 responses 136 views 0 likes	Last Post by jpkeates 13-12-2018, 09:29 AM
RTM Problems by FishIsland Started by FishIsland, 11-11-2018, 10:17 AM	33 responses 498 views 0 likes	Last Post by leaseholder64 12-12-2018, 18:07 PM

Fired by our Management agent!

zzhallk

Dear all. Any advice appreciated. We are a RTM co for a property up North which we set up a few years ago using a London based company to help us the process of RTM. We've kept using them for accounting etc since but unfortunately after various issues the relationship has deteriorated and we have just...
- Channel: Long Leasehold Questions
13-12-2018, 09:08 AM
Reply to Fired by our Management agent!

eagle2

The RTM company does not need to open a bank account itself unless it has monies of its own which is unlikely. It can be quite time consuming to open an account, all the bank signatories would need to attend the bank, provide proof of id and produce the original certificate of incorporation and the...
- Channel: Long Leasehold Questions
14-12-2018, 15:40 PM
Undercharged Service Charge

Charlie122

I'm in the middle of buying a leasehold flat. Our solicitor has discovered that the current owners are paying 10% service charge but the lease states that they should be paying 12%. We are not aware how long the owners have been paying 10%. The leases for the other flats state that they should be paying...
- Channel: Long Leasehold Questions
13-12-2018, 19:14 PM
Reply to Undercharged Service Charge

eagle2

If there is no filing history at Companies House referring to “resolution – Memorandum and/or Articles of Association” it means that the Articles have not been changed and the management company is unable to charge monies to shareholders under the Companies Act. That in turn means that the Company...
- Channel: Long Leasehold Questions
14-12-2018, 15:28 PM
Landlord charging to "register" Tenancy Agreement - allowed?

investor68

Hi

I'm a new member and hoping someone might be able to help me.

I've owned a Buy to Let purpose built flat for more than 10 years. When I first owned it the Landlords tried to charge me for permission to let my flat. A group of tenants took collective legal action against...
- Channel: Long Leasehold Questions
14-12-2018, 11:36 AM
Reply to Landlord charging to "register" Tenancy Agreement - allowed?

Lawcruncher

The lease says: "...and to pay them the fee of £25 (or such higher fee as the Lessor shall deem requisite)". That gives the tenant a choice: he either pays (a) £25 or (b) such higher fee as the Lessor shall deem requisite. What the drafstman meant was: "...and to pay them the fee of...
- Channel: Long Leasehold Questions
14-12-2018, 14:33 PM
Reply to Landlord charging to "register" Tenancy Agreement - allowed?

JK0

If this freeholder is who I think it is, I very much doubt they will do anything with the information other than file it....
- Channel: Long Leasehold Questions
14-12-2018, 14:22 PM
Reply to Landlord charging to "register" Tenancy Agreement - allowed?

leaseholder64

The lease says at least £25, so does provide for £120. However, there is an overriding requirement that the fee be reasonable.

When extending some of our leases, in 2011, the solicitor flatly refused to use the £10 registration fee from leases than had been extended in 1998, insisting...
- Channel: Long Leasehold Questions
14-12-2018, 13:26 PM
Reply to Undercharged Service Charge

leaseholder64

No. The consequence is that those flats can request the FTT to vary the leases to remove the problem. I think the FTT may also be able to specify one off payments and refunds to correct the historic problem, but I haven't read all the detail to check that.

The relevant legislation is ...
- Channel: Long Leasehold Questions
14-12-2018, 13:15 PM
Reply to Fired by our Management agent!

Gordon999

The RTM company ( i.e the directors ) can open a "client account" at the same bank as the existing one.
- Channel: Long Leasehold Questions
14-12-2018, 13:10 PM

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