Long Leasehold Questions

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Started by leaseholdanswers, 29-05-2014, 08:36 AM
1 response
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by Guest
 
Started by MartynSE5, 14-12-2019, 20:18 PM
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Last Post leaseholder64  
Started by kennyrm, 14-12-2019, 19:50 PM
1 response
4 views
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Last Post leaseholder64  
Started by MartynSE5, 14-12-2019, 05:54 AM
2 responses
38 views
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Last Post MartynSE5  
Started by EavAH, 13-12-2019, 16:56 PM
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Last Post scot22
by scot22
 
Started by sarahbrowne, 14-12-2019, 13:50 PM
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Last Post leaseholder64  
Started by bigalxyz, 14-12-2019, 14:13 PM
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Last Post leaseholder64  
Started by bluemonday735, 13-12-2019, 22:07 PM
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Last Post leaseholder64  
Started by bigalxyz, 13-12-2019, 13:19 PM
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Last Post leaseholder64  
Started by Scaramanga, 13-12-2019, 00:50 AM
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Last Post AndrewDod  
Started by Fairs fair, 12-12-2019, 14:19 PM
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Last Post leaseholder64  
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  • Opinion on advice to landlord from its agent
    by MartynSE5
    I am one of four directors of a limited company that owns a building where the company has 67 long leases, and the company's affairs are managed by an agent.

    Our agent asked for our approval to write an aggressive letter to our leaseholders, enforcing a particular covenant and threatening...
    14-12-2019, 20:18 PM
  • Reply to Opinion on advice to landlord from its agent
    by leaseholder64
    Zero tolerance policy normally refers to fire safety (and other safety) breaches by storing things in stairwells. You have a remarkably well managed block if you are actually successfully managing a "managed policy". Unfortunately managed policies are often used as an excuse for inaction,...
    14-12-2019, 20:41 PM
  • Selling Lease to Freehold Ltd Company
    by kennyrm
    I own 3 of 4 flats (leases) in a building and am 75% shareholder in the Ltd Company that owns the freehold. My neighbour (who owns the other lease and 25%) wants to sell up. I am interested in buying. Can he sell his lease to the Ltd Company instead of me privately, making me 100% shareholder, and owner...
    14-12-2019, 19:50 PM
  • Reply to Selling Lease to Freehold Ltd Company
    by leaseholder64
    If he sells to the company you will only own three leases and the company will own one. Have I missed something?

    Whilst the company cannot grant a lease to itself, I think if its memorandum of association allows, it can have one of its leases assigned to it.

    Have you considered...
    14-12-2019, 20:35 PM
  • Reply to 18-month rule and invalid demands
    by MartynSE5
    Thanks for your reply.

    The actual spending that the landlord seeks to recover is more than what was inititally demanded.

    Here is the information I think you're asking for:

    The initial demand for 2018, sent to leaseholders in December 2017, stated the estimated...
    14-12-2019, 18:53 PM
  • 18-month rule and invalid demands
    by MartynSE5
    I would appreciate opinions on this situation, please:


    - Demands for service charge and ground rent for 2018 were sent in December 2017
    - Delays in auditing accounts for 2018 caused the landlord's agent to send 20b notices in June 2019, predicting a £30k shortfall
    -...
    14-12-2019, 05:54 AM
  • Leaseholder Not Paying Service Charges
    by EavAH
    Hi,
    I'm hoping someone can help. I've tried to condense this - sorry if it's still too much.

    I'm a freeholder in a house converted into 2 flats. I live upstairs. The leaseholder (downstairs) has ignored my invoices/letters (all invoiced correctly with the correct information) related...
    13-12-2019, 16:56 PM
  • Reply to Leaseholder Not Paying Service Charges
    by scot22
    Wasn't going to suggest that not knowing how you felt. However that is what I would do in the situation. In our block of 12, fortunately a holiday home, a dispute has gone on for 7 years. Hope you can get a quick sale but be careful not to conceal anything which might come back at you.
    14-12-2019, 18:04 PM
  • Reply to Leaseholder Not Paying Service Charges
    by EavAH
    Thanks so much to each of you for your help! I'm much clearer on what I need to include in my next letter to them and where to go if I don't get a response/payment. I've pretty much decided to put my flat up for sale – it's a lovely flat, but I'm dealing with a totally different mindset and I don't...
    14-12-2019, 17:29 PM
  • Reply to Leaseholder Not Paying Service Charges
    by scot22
    Very good suggestion.
    14-12-2019, 17:27 PM
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