Lease hold query

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    Lease hold query

    There are 3 us with flats above a shop, we have the same freeholder yet we have different leases, is that how it is supposed to be.

    I need a new roof and my neighbours lease says the landlord must pay half, yet mine does not, should he not be liable for some responsibility

    Thanks
    Jodie

    #2
    Usual post. What does the lease say? A silly question but is it all one roof ?
    The landlord must pay half your neighbours costs but not your share of the roof.
    Really need the three of you to look and compare lease obligations.

    Comment


      #3
      Does your lease impose an obligation on the landlord to repair the roof? If it does, are you required to contribute?

      Comment


        #4
        The thing that matters is YOUR lease. There is no reason it has to be fair or equal (the lease is what you bought). If there is a gross anomaly (for example the amounts add up to 200%) you can apply to the FTT to force correction of the leases.

        So what does your lease say exactly?

        Comment


          #5
          Usually the leases will allow for 100% of the costs of repairs and maintenance to be recovered from leaseholders. A freeholder may have to pay for work initially, but would typically expect to recover whatever is spent as service charges.

          As has been said, leases don't have to be fair though. The obligations in a lease should be taken into account in the purchase price.

          Comment

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