Long Leasehold Questions

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Started by leaseholdanswers, 29-05-2014, 08:36 AM
1 response
7,427 views
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Last Post Guest's Avatar
by Guest
 
Started by FreeH1, 15-02-2019, 18:49 PM
2 responses
23 views
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Last Post FreeH1
by FreeH1
 
Started by Centurino, 11-02-2019, 16:11 PM
24 responses
181 views
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Last Post Centurino  
Started by Emma87KT, 08-02-2019, 16:22 PM
15 responses
139 views
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Last Post eagle2
by eagle2
 
Started by Telometer, 16-01-2019, 18:45 PM
17 responses
232 views
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Last Post Telometer  
Started by Stacker, 06-02-2019, 16:26 PM
25 responses
241 views
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Last Post ram
by ram
 
Started by WAM, 12-02-2019, 10:58 AM
31 responses
348 views
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Last Post eagle2
by eagle2
 
Started by poppyfield, 11-02-2019, 06:51 AM
12 responses
1,038 views
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Last Post Sarah B
by Sarah B
 
Started by jimcarver, 15-02-2019, 02:53 AM
3 responses
41 views
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Last Post eagle2
by eagle2
 
Started by EmmaLee80, 14-02-2019, 20:55 PM
1 response
107 views
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Last Post eagle2
by eagle2
 
Started by Centurino, 27-01-2019, 18:05 PM
5 responses
114 views
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Last Post Centurino  
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  • Freeholder duties
    FreeH1
    I am trying to sell my flat for which I have a shared freehold with the 2 other flats in the block.

    Today I have been informed that one of the freeholders is refusing to complete and return the TR1 (and another form I believe is the PR1?). Without this we are unable to continue with the...
    15-02-2019, 18:49 PM
  • Reply to Freeholder duties
    FreeH1
    Thanks for your response.

    We don’t really want to retain a share of the freehold and we are selling the flat as share of freehold. I would assume if we decided to keep the share of freehold the buyer may reduce their offer?

    The other form is a LPE1 form.

    Could...
    15-02-2019, 20:38 PM
  • Replacing RMC with RTM
    Centurino
    In seven days time we have a residents meeting to decide on the future of our apartment blocks; one with nine apartments, one with four apartments, thirteen total. They are about three meters apart physically. Our freeholder liquidated in 2012 and the lender took over as default who then set up an RMC...
    11-02-2019, 16:11 PM
  • Reply to Replacing RMC with RTM
    Centurino
    Excerpts from my Lease below:

    Lease Between:

    BUILDER/FREEHOLDER LIMITED (called "the Lessor") of the first part EXAMPLE MANAGEMENT LIMITED (called "the Management Company" of the second part ME (called "the Lessee") of the third part
    ...
    15-02-2019, 20:33 PM
  • Reply to Freeholder duties
    leaseholder64
    TR1 sounds like the Land Registry transfer form. The freeholder wouldn't to have to sign this for the leasehold, so I assume it is being done to transfer the share of the freehold, in which case you could assign the leasehold without but retain your share of the freehold.
    15-02-2019, 20:16 PM
  • Reply to Replacing RMC with RTM
    Centurino
    Yes, the lender is now the acting freeholder by default but the Land Registry still lists the builder/original freeholder. And that is my major concern that the freeholder will one day flog this site for cheap and the 6 leases not connected to the RMC could be in trouble.

    The freehold was...
    15-02-2019, 18:23 PM
  • Sublet consent and renewal fee
    Emma87KT
    Hi,

    I lived in the flat about 7 years, then moved out and let it out about 2 years now. Recently, the managment company is changed. And new managment company sent letter to request consent of subletting fee ( £80) according below clause in the lease. And they said after first consent period,...
    08-02-2019, 16:22 PM
  • Reply to Sublet consent and renewal fee
    eagle2
    As previously stated, the management company is not entitled to charge you unless there is a new tenancy agreement. Only then are you required to serve a notice and pay a registration fee. If 5 years have elapsed, the registration fee may be increased from the original figure of £40.00 but it must...
    15-02-2019, 16:55 PM
  • Freeholder worst-case on a leasehold house
    Telometer
    I should be grateful for your thoughts please. The ground rent was £10 per half year, with no provision for increase. The lease is for 999 years from 1970. The landlord is a notorious ground-rent company.

    The lease states "Not at any time hereafter without the consent of the Lessors...
    16-01-2019, 18:45 PM
  • Reply to Freeholder worst-case on a leasehold house
    Telometer
    Thank you Gordon999
    15-02-2019, 16:45 PM
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