Lease Extension - Landlord

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    Lease Extension - Landlord

    Hello everyone. I wonder if someone can assist me. I am a landlord and am granting a lease extension to my leaseholder. The Leaseholder was really pressing me to get everything agreed. We managed to agree all terms and then once that was done, the leaseholder went quiet on me. My solicitor then served a 21 day notice under the regulations. The leaseholder has not completed and my solicitor is now saying that even though the 21 days has expired we still have to wait for the full 4 months. It seems a bit nonsensical that we could serve notice and then still not be able to do anything when it expires.

    Does anyone have any experience of this and is it the case that the notice doesn't really have any bite and I just have to wait out the full 4 months.

    Thank you.

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  • Management fees
    desamax
    Hi our lease states the FH can take 15% of total expenditure for management fees.
    They have set up a separate company and have charged ££3.5k on £16k expenditure.
    Is this allowed within the clause in our lease below.
    Thanks

    "To pay the cost of any managing agents...
    07-09-2018, 10:21 AM
  • Reply to Management fees
    desamax
    Will do that Eagle, if it helps move thing on.
    19-10-2018, 10:54 AM
  • Reply to Management fees
    desamax
    The request was made alongside the request for formal recognition of the newly formed RTA, that 83% of leaseholders have signed up to 5 of the 6 flats, There are long running disputes mainly maintenance Issues and fees overcharging on the FH part, that they dismiss but its there in black and white....
    19-10-2018, 10:52 AM
  • Reply to Management fees
    eagle2
    If that is the case, it is a simple matter to send 2 separate emails, one asking for the RTA to be recognised and a second one from a leaseholder asking for the information
    19-10-2018, 10:47 AM
  • Reply to Management fees
    leaseholder64
    He wasn't making the request as a leaseholder, but as an RTA. I don't know why he didn't make a request as an individual leaseholder, but as an RTA, the RTA has to be be recognized by the freeholder, and the freeholder can withdraw that recognition at any time, except if an FTT has ruled that the TA...
    19-10-2018, 10:32 AM
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    19-10-2018, 10:17 AM
  • Reply to Management fees
    eagle2
    Their response is absurd, as a leaseholder you are entitled to receive the information requested. A separate legal entity appears to manage the property and a reasonable management fee for the service provided may be recovered under the service charge provisions. The freeholder is not entitled to charge...
    19-10-2018, 10:08 AM
  • Reply to Management fees
    desamax
    Thanks Gordon999 we are aware the FH MA are one and the same, I made that point in my first post. What we cant understand is that they think they can do as they please, and to comment we are not fit to be involved in the RTA without is ludicrous....
    19-10-2018, 09:26 AM
  • Reply to Management fees
    desamax
    This is edited post #20 i was asked to remove names............


    Furthermore would you be kind enough to provide us with the following information,

    1. Copy of the Management agreement between Estates Limited & (Asset Management) Limited.

    2. Please supply...
    19-10-2018, 07:07 AM
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