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Started by leaseholdanswers, 29-05-2014, 08:36 AM
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  • Is applying to FTT to appoint manager my best option?
    by Tom H
    I own a long leasehold in a purpose-built flat comprising of just two flats. The freeholder also owns and resides in the flat that is directly above me.
    Despite numerous attempts to get him to carry out essential maintenance to the property as per the provisions in the lease (about a third of...
    03-08-2021, 15:31 PM
  • Reply to Is applying to FTT to appoint manager my best option?
    by vmart
    Dear Tom

    You are indeed in a difficult position since you cannot buy the freehold.

    Personally, I would avoid applying to the FTT to appoint a manager given reports of high charges and little by way of recourse usually open to leaseholders once a manager is in place.
    ...
    03-08-2021, 18:24 PM
  • RMC who decides annual budget
    by scot22
    Is the budget a board of directors decision or MUST it be ratified by shareholders at the A.G.M ?

    If so would it be an ordinary resolution or special requiring 75% to be ratified ?
    02-08-2021, 10:55 AM
  • Reply to RMC who decides annual budget
    by ram
    I may have shares in B.T. so can I object to their spending of Ā£ millions on below ? which are not needed, as there are plenty of other firms doing it ?

    https://www.ispreview.co.uk/index.ph...low-spots.html

    I feel it
    ...
    03-08-2021, 15:42 PM
  • Removing a director
    by LaraJara21
    Hi all.

    The residents management company is currently being run by a director who is very uncooperative. After 2 years of asking for a meeting, asking for copies of accounts, the insurance policy, just anythings in relation to the limited company, he refuses and continues to be very difficult....
    03-08-2021, 14:21 PM
  • Reply to Removing a director
    by eagle2
    You can arrange a meeting of members but you must include on the agenda that you intend to remove the director. You must give special notice to the director that he is subject to the vote and you must allow him to make a statement at the meeting, Make sure that you have the minimum number of directors...
    03-08-2021, 15:05 PM
  • Reply to Can directors put taking legal advice through the service charge?
    by Starlane
    I think as RAM was saying Eagle2 , I don't think a member would be liable for the costs and I have put forward that It is important to bear in mind that the award of costs is always at the discretion of the court.

    I stated " including but not limited to making an application for an...
    03-08-2021, 13:41 PM
  • Can directors put taking legal advice through the service charge?
    by Starlane
    Hello, I hope your week is going well! I firstly want to thank some of the contributors in this site as you have been very helpful with sharing your experiences and knowledge.

    So the situation is..I have sent the landlord company and its directors a preliminary notice.I also tried to...
    02-08-2021, 21:03 PM
  • Reply to RMC who decides annual budget
    by eagle2
    The agent should never be allowed the freedom to set the budget, it should recommend expenditure but it should never be the one to set it. Otherwise, a substantial part of the expenditure is likely to end up in the hands of that agent and its connected contractors,

    The agent should always...
    03-08-2021, 11:25 AM
  • Reply to RMC who decides annual budget
    by MrSoffit
    As already said, company directors are responsible to manage. If the directors do not table a resolution invited members to vote on a budget (and they would be fools to do so), the members must use a special resolution to force the directors to a different outcome. Unless the articles of the RMC say...
    03-08-2021, 11:07 AM
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