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 8,831 views 0 likes	Last Post by Guest 30-09-2014, 17:12 PM
Lease extension with rising rent by Section20z Started by Section20z, 07-05-2021, 06:42 AM	5 responses 52 views 0 likes	Last Post by Gordon999 08-05-2021, 09:48 AM
Kafkaesque Notice of Transfer situation by westminster2 Started by westminster2, 06-05-2021, 16:34 PM	5 responses 72 views 0 likes	Last Post by Lawcruncher 08-05-2021, 08:14 AM
lease is registered but freehold is not?! by Bengt Lagander Started by Bengt Lagander, 07-05-2021, 18:53 PM	1 response 21 views 0 likes	Last Post by Lawcruncher 07-05-2021, 20:20 PM
Resident management company director responsibilities by Focus Started by Focus, 01-10-2017, 13:20 PM	22 responses 3,576 views 0 likes	Last Post by TechMan 07-05-2021, 20:05 PM
AGM powers by scot22 Started by scot22, 07-05-2021, 11:20 AM	5 responses 37 views 0 likes	Last Post by scot22 07-05-2021, 17:28 PM
Structural Alterations, Freeholder Consent & Premiums Charged by NotTheLastLeaseholder Started by NotTheLastLeaseholder, 05-05-2021, 21:11 PM	7 responses 125 views 0 likes	Last Post by Sussex818 07-05-2021, 15:49 PM
directors by thenunn Started by thenunn, 29-04-2021, 08:32 AM	11 responses 137 views 0 likes	Last Post by ram 07-05-2021, 10:47 AM
Directors of rmc have breached the s.24 tribunal order to hand over management by SHill Started by SHill, 26-01-2021, 14:15 PM	247 responses 5,101 views 1 like	Last Post by SHill 07-05-2021, 08:30 AM
Is an email from the freeholder enough for consent to start works? by paddington Started by paddington, 06-05-2021, 14:41 PM	2 responses 60 views 0 likes	Last Post by Lawcruncher 06-05-2021, 21:21 PM
Status of objects on common parts by Nelly Muggins Started by Nelly Muggins, 05-05-2021, 20:21 PM	4 responses 76 views 0 likes	Last Post by Lawcruncher 06-05-2021, 21:00 PM

Lease extension with rising rent

by Section20z

Having trouble finding a definitive answer to how statutory lease extension is valued with rising rent , my lease has 84 years left at £1020 current ground rent rising on sale of flat by £5/£1000 increase in value.
How does this affect cost of extension ? (flat worth £200,000)...
- Channel: Long Leasehold Questions
07-05-2021, 06:42 AM
Reply to Lease extension with rising rent

by Gordon999

If the property was first sold in 2006 at £100k, with ground rent starting from £100 p.a

Then after the last sale at £180K , the ground rent would rise from £100 ( starting ) to £100 + £5 x 80. = £500 p.a ( current ) .

After a 15 years period , for the...
- Channel: Long Leasehold Questions
08-05-2021, 09:48 AM
Kafkaesque Notice of Transfer situation

by westminster2

I don’t fully understand the situation, but I’ll explain as best I can.

I sold a long leasehold in Autumn 2017. My solicitor held a retainer in respect of service charges, I think because the Autumn 2017 s/c bill (for y/e Spring 2018) was estimated, not ‘actual’.

I...
- Channel: Long Leasehold Questions
06-05-2021, 16:34 PM
Reply to Kafkaesque Notice of Transfer situation

by Lawcruncher

Not sure there is any justification for that. It seems he served notice of assignment. It is not his fault if the landlord purported to reject it, though one would have expected him to follow it up, which he may well have done. It is also not his fault if the landlord has the law round his neck. Even...
- Channel: Long Leasehold Questions
08-05-2021, 08:14 AM
Reply to Lease extension with rising rent

by Section20z

99 years at £100 gr last sale was £180,000...
- Channel: Long Leasehold Questions
08-05-2021, 06:49 AM
Reply to Kafkaesque Notice of Transfer situation

by Gordon999

I think you can report your buyer's solicitor to the SRA ( Solicitors Regulation Authority )
- Channel: Long Leasehold Questions
07-05-2021, 22:48 PM
Reply to Kafkaesque Notice of Transfer situation

by Lawcruncher

I would bring section 5 up straightaway. It should short-circuit things.

As to your last paragraph it will depend on when the lease makes the payment due. If the amount had not been calculated before completion I do not see how it can have been due before completion.
- Channel: Long Leasehold Questions
07-05-2021, 21:44 PM
Reply to lease is registered but freehold is not?!

by Lawcruncher

When was the lease granted?

Is your lease registered with good or absolute title?

Has anyone been demanding rent or service charge or otherwise suggesting he is the landlord?

The fact the freehold is not registered does not rule out serving...
- Channel: Long Leasehold Questions
07-05-2021, 20:20 PM
lease is registered but freehold is not?!

by Bengt Lagander

I have a copy of the lease which is registered with the LR but the freeholder which is a limited company was dissolved in 2002. I don't know how or why the LR registered the lease without asking for a copy of the freehold title deeds.....

Am I still able to serve a s42 to the landlord to...
- Channel: Long Leasehold Questions
07-05-2021, 18:53 PM
Reply to Resident management company director responsibilities

by TechMan

Thank you eagle2, its pity we cant delay transferring the shares in companies house to increase the pressure. What I have done so far is withhold the share certificate and remind them.
- Channel: Long Leasehold Questions
07-05-2021, 20:05 PM

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