Hi
I have a leasehold for a flat in a building with 4 flats and 1 shop.
My lease says I pay the proportion which the rateable value of the Flat bears to the aggregate of the rateable value of all the flats in the building.
Lease also says that from total expenditure there will first be deducted any service charge recovered from the shop.
The shop is 35% of total floor space but pays only 20% of service charge and recently paid only 10% of external works. I have yet to see the lease for the shop but can I challenge these percentages anyway on grounds of reasonableness?
Can the rateable value of shop be factored with rateable value of flats?
Thanks
Chris
I have a leasehold for a flat in a building with 4 flats and 1 shop.
My lease says I pay the proportion which the rateable value of the Flat bears to the aggregate of the rateable value of all the flats in the building.
Lease also says that from total expenditure there will first be deducted any service charge recovered from the shop.
The shop is 35% of total floor space but pays only 20% of service charge and recently paid only 10% of external works. I have yet to see the lease for the shop but can I challenge these percentages anyway on grounds of reasonableness?
Can the rateable value of shop be factored with rateable value of flats?
Thanks
Chris
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