Block of 6 flats (inc. 4 @ peppercorn rent)- value?
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Mysteries of getting clear formula
These responses seem to suggest some experience - I have been trying to find a downloadable or online formula or calculator that will let me work what the cost of purchasing a share of the freehold would be for a leasehold flat that I part own. Any suggestions please?
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Originally posted by Maelich View PostThese responses seem to suggest some experience - I have been trying to find a downloadable or online formula or calculator that will let me work what the cost of purchasing a share of the freehold would be for a leasehold flat that I part own. Any suggestions please?
go to Leasehold Advisory Service website, and select appropriate bit where formulae (with worked examples) will pop up before your very eyes.JEFFREY SHAW, solicitor [and Topic Expert], Nether Edge Law*
1. Public advice is believed accurate, but I accept no legal responsibility except to direct-paying private clients.
2. Telephone advice: see http://www.landlordzone.co.uk/forums/showthread.php?t=34638.
3. For paid advice about conveyancing/leaseholds/L&T, contact me* and become a private client.
4. *- Contact info: click on my name (blue-highlight link).
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Latest Activity
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by Jay_ZFHi, I had been accused by property management company (freeholder rep) of breach of lease on alterations made in the flat. I had independent expertise confirming that alterations were of non-structural nature and I was not in breach. I now want to remortgage but they refuse to give consent. Any advice...
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Channel: Long Leasehold Questions
29-06-2022, 20:31 PM -
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by SberrymanI own a 1 bed flat which is situated in converted house with 6 flats.
each flat has the right to install a tv aerial / satellite dish on the roof. My signal stopped and when I checked I found a TV Aerials had broken away from the wall and damaged my dish. I contacted the managing agent...-
Channel: Long Leasehold Questions
29-06-2022, 19:01 PM -
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Reply to TV Aerial damaged my satellite dishby Hudson01I suspect you may be onto something, if the freeholder/agent gave their permission for anything to be afixed to THEIR property then i think they do have a duty of care to ensure it is fixed correctly, what if it fell off the roof and killed someone ? Then what ....... the flat owner, the aerial fitter......
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Channel: Residential Letting Questions
29-06-2022, 20:23 PM -
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Reply to TV Aerial damaged my satellite dishby gnvqsosAre cars and aerials/dishes analogous? Is your question in a coded format?...
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Channel: Residential Letting Questions
29-06-2022, 20:14 PM -
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Reply to TV Aerial damaged my satellite dishby SberrymanIf a neighbour parks in a communal car park and their call rolls into your neighbour fault, so I think it’s the owner of aerials thought....
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Channel: Residential Letting Questions
29-06-2022, 19:55 PM -
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Reply to TV Aerial damaged my satellite dishby gnvqsosAct of God-blame the lord
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Channel: Residential Letting Questions
29-06-2022, 19:12 PM -
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by Section20zI'm pretty sure that Brits are Europeans too 😅 but I know what you mean, my Romanian tenants sit in the front garden and smoke rather than the perfectly nice rear one ....
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Channel: Long Leasehold Questions
29-06-2022, 18:03 PM -
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by JoubertI am a director of a freehold company which comprises six leasehold flats in a converted tall terraced building.
The leaseholder of the lower ground flat has taken to placing a small table and two chairs in the very small area outside her front door for use when the weather is good. This...-
Channel: Long Leasehold Questions
28-06-2022, 15:29 PM -
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by scot22I have a different take on this.
The terms of the lease are being broken. It is not just a dispute between neighbours. You can't cherry pick what parts of the lease to not follow.
The area must be kept clear for free access.
The lease must be enforced.-
Channel: Long Leasehold Questions
29-06-2022, 11:36 AM -
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by CodgerI have some european tenants who put chairs outside the block and sit there smoking for hours. Its a cultural thing but not very british as brits are more private.
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Channel: Long Leasehold Questions
29-06-2022, 09:09 AM -
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