Hi all,
I am a leaseholder in a block of flats and there are major works planned - which amount to 10k per flat.
Other leaseholders stated that the amount is due to the negligence of the freeholder and took the case to the FTT. I have joining in as well.
The freeholder is now claiming half of the money for the major works (the other half is due in the next payment term). Most leaseholders decided to wait for FTT decision. However, I am worried it may affect my credit report. I am planning to sell the flat and buy a house in the next year.
Do I have any grounds for withholding major works payment until the decision is made by the FTT? Can I contest if my credit report is lowered for this reason?
I would appreciate any ideas regarding this.
Many thanks!
I am a leaseholder in a block of flats and there are major works planned - which amount to 10k per flat.
Other leaseholders stated that the amount is due to the negligence of the freeholder and took the case to the FTT. I have joining in as well.
The freeholder is now claiming half of the money for the major works (the other half is due in the next payment term). Most leaseholders decided to wait for FTT decision. However, I am worried it may affect my credit report. I am planning to sell the flat and buy a house in the next year.
Do I have any grounds for withholding major works payment until the decision is made by the FTT? Can I contest if my credit report is lowered for this reason?
I would appreciate any ideas regarding this.
Many thanks!
Comment