Freeholder demanding extortionate fees for notice of remortgage

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    #16
    It would be interesting to know if any RTM Company has charged the freeholder an administration charge and if so, has the freeholder challenged the reasonableness of that charge at the FTT,

    Comment


      #17
      Originally posted by eagle2 View Post
      It would be interesting to know if any RTM Company has charged the freeholder an administration charge and if so, has the freeholder challenged the reasonableness of that charge at the FTT,
      An RTM can only collect ground rent if they reach an agreement with the freeholder. I do have an agent who acts for an RTM, and they collect my rent for me for 10% of the rent

      The freeholder can hardly then a few years later trot off to the FTT to challenge the fee !

      In any event it is not a term of the lease so the FTT will not deal with it

      Comment

      Latest Activity

      Collapse

      • Reply to Section 20
        by Anna1985
        Macromia , yes part of driveway demised to LL and part not demised to anyone.

        According to lease the LL should his part to keep and maintain the said area edged bla in a neat and tidy condition and further to keep and maintain the fences belonging thereto in a good state of repair....
        26-05-2022, 20:46 PM
      • Section 20
        by Anna1985
        So the lease allows for the property to be kept in good condition.
        Thus, the shared hall could be spruced up no problem, but there is an issue with driveway - partially it belongs to the freeholder, partially to the ground floor leaseholder - it is made out of the old paving stones, it looks...
        22-05-2022, 21:03 PM
      • 2-1 transfer - what does Freeholder do?
        by Flashback1966
        I am a Freeholder. Have a flat there too. I have received an email from the leaseholder's soclitors acting for Mr A. They are doing a 2-1 transfer from the names of Mr A and Ms B to just Mr.

        The solicitors want to know the requirements on completion.

        Is is just a notice of...
        26-05-2022, 18:46 PM
      • Reply to 2-1 transfer - what does Freeholder do?
        by sgclacy
        In addition to the notices sometime the lease may require a deed of covenant and therefore you may need to prepare a deed of Covenant

        If there are any arrears these must be settled on completion...
        26-05-2022, 20:27 PM
      • Reply to 2-1 transfer - what does Freeholder do?
        by Lawcruncher
        What does the lease say?

        You do not need confirmation from Mrs B.
        26-05-2022, 20:27 PM
      • Reply to Share of feehold/shared service charges?
        by Flashback1966
        The other flats are demanding I pay 38% of costs to extend leases when the freehold itself, a very comparable legal procedure, was calculated on an equal third share.

        Confused. Did you extend the lease or buy the Frehold?

        In my opinion, if the Freehold was purchased, it should...
        26-05-2022, 17:49 PM
      • Share of feehold/shared service charges?
        by Stu1020
        Hi there,

        I'm new to the forum and looking for advice on a sticky freehold situation.

        I own a two-bed flat in a converted building with two one-beds. The lease states that a fair proportion is payable towards the service charge. However, there has been a running agreement of...
        20-05-2022, 11:39 AM
      • Reply to S20 - Quotes not valid for long enough for 30 day consult
        by Gordon999
        If the review is just between 2 flats, calling a meeting with upstairs leaseholder , to review quotations and decide which one to accept will be quicker than waiting for 30 days. With inflation around 10% p.a , the parties at the meeting could choose to accept a quotation at 2.5% higher than a...
        26-05-2022, 14:20 PM
      • Reply to Old managing agents accounts
        by jazzythumper
        Does it matter that it has been more than six months since the RTM took control? Does it matter than the freeholder who I would like to see these accounts from sold the freehold more than 6months ago? Is there a standard template or form I could use to write to the previous freeholder?

        ...
        26-05-2022, 11:26 AM
      • Old managing agents accounts
        by jazzythumper
        Since obtaining the RTM and changing the managing agent, we have never been given full accounts / receipts for the previous year(s). We believe that as the old freeholder and leaser holder of one of the flats were represented by the same solicitor that prior to the sale of the freehold, we were subsidising...
        20-05-2022, 11:21 AM
      Working...
      X