Freeholder demanding extortionate fees for notice of remortgage

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    #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,

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      #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

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