Long Leasehold Questions

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Started by leaseholdanswers, 29-05-2014, 08:36 AM
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Last Post Moderator2  
Started by Antoineking, 19-05-2020, 08:49 AM
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Last Post Gordon999  
Started by SandraHope, 19-05-2020, 17:55 PM
5 responses
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Last Post SandraHope  
Started by Jericho, 20-05-2020, 12:49 PM
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Last Post AndrewDod  
Started by Stacker, 19-05-2020, 15:13 PM
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Last Post Stacker
by Stacker
 
Started by Paulsen, 17-05-2020, 13:28 PM
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Last Post AndrewDod  
Started by Highgate34, 17-05-2020, 14:17 PM
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Started by Chester14, 14-05-2020, 08:22 AM
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Last Post scot22
by scot22
 
Started by Paul36, 14-05-2020, 18:56 PM
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Started by RW432, 14-05-2020, 08:01 AM
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by ram
 
Started by Chester14, 14-05-2020, 07:44 AM
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  • Reply to Accounting for RMC
    by SHill
    1. Because I have a duty to file accounts with Companies House to avoid ongoing fines and to keep costs under control do you think if I approach another accountant they will use the last set of accounts and amend the dates as you suggest. Will Companies House accept this.

    2. Another accountant...
    30-07-2021, 07:06 AM
  • Accounting for RMC
    by SHill
    Would anyone be able to advise if a RMC can raise sales invoices to Directors, for property expenses that relate to their leasehold properties. The sales invoices raise are itemised in the Notes to the service charges at. 4. Transactions with Directors and 5. Related party transactions
    09-02-2021, 22:41 PM
  • Reply to Accounting for RMC
    by SHill
    Thank you
    1. What happens when the late filing penalties are triggered. How long is the Company given to pay them?
    2. What happens if the Company does not pay them or can’t pay them immediately.
    3. I will need to make a claim to court to recover the costs incurred (penalties) and...
    30-07-2021, 06:52 AM
  • Reply to Service charge risk for leaseholder in partially unsold property?
    by michael_bates
    Thank you for your feedback. The clause relating to the share of service charge is as follows



    Isn’t that a rather vague definition? What if the Landlord/Receiver determines it fair not to contribute to the service charges? Is there legislation that regulates that freeholders...
    30-07-2021, 06:37 AM
  • Service charge risk for leaseholder in partially unsold property?
    by michael_bates
    Hello,

    I am in the process of buying a leasehold apartment in a newly completed block of 32 residential flats plus one commercial space. None of the properties are sold yet as the object has just come on the market, after the developer went bust and receivers were instructed to sell the...
    29-07-2021, 22:13 PM
  • Reply to Accounting for RMC
    by eagle2
    The ICAEW appears to be stating that the accountant should take a neutral position and not become involved in any dispute. So the accountant should be giving similar advice to the other leaseholders. It tells you that there is no point complaining to the ICAEW at this stage.

    You could ask...
    30-07-2021, 06:13 AM
  • Reply to Service charge risk for leaseholder in partially unsold property?
    by eagle2
    If your solicitor is unable to answer your questions, you should consider changing solicitor.

    The clause states that you are only responsible for paying your share of the service charges from the date of your lease. There should be another clause within the lease which states how your share...
    30-07-2021, 04:54 AM
  • Reply to Accounting for RMC
    by SHill
    The Accountant said in an email....

    " I also note you have placed yourself as the person(s) of significant control at Companies House and this is also incorrect."

    Is he correct?...
    29-07-2021, 22:05 PM
  • Reply to Accounting for RMC
    by SHill
    Another response from Accountant

    "I refer to your email below. I am afraid you are wrong in your analysis of the situation in some respects below. I have checked the position with the ICAEW myself, and we went through our rule book on the handover of information and they drew my...
    29-07-2021, 16:37 PM
  • Building damage?
    by lampshade
    I have noticed that one of the 3 blocks has some studs hammered into the brickwork in one corner. There are also cracks running down the bricks. I am guessing that these studs are markers made by an engineer at some point, suggesting a structural issue maybe.
    In the event that any further opening...
    29-07-2021, 11:11 AM
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