Long Leasehold Questions

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Started by leaseholdanswers, 29-05-2014, 08:36 AM
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Started by Paternoster, 13-02-2020, 13:47 PM
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Started by Trinniewhistle, 12-02-2020, 19:17 PM
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Started by SandraHope, 12-02-2020, 20:58 PM
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Started by PatrickH, 11-02-2020, 11:52 AM
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  • Negotiating a lease extension
    by LizLease
    Hi all, I am new to the forum.
    I am looking to extend the lease on a flat (currently under 70 years).
    I received a quote from the freeholder and a valuation from a surveyor (£3k lower than the freeholder's figure).
    I spoke to the leasehold Advisory Service who said to ask the surveyor...
    21-01-2021, 12:44 PM
  • Reply to Negotiating a lease extension
    by sgclacy
    If you were to challenge the costs afterwards, almost certainly it would be dealt with as a paper review and is not as daunting as it might seem . The Tribunal generally think that around £350 plus VAT for dealing with the Section 42 Notice of claim and circa £1000 plus vat for the deed of surrender...
    22-09-2021, 13:38 PM
  • Reply to Renewing the lease and sublet charges
    by Gordon999
    I have some faint recollection that a complaint of " in-house legal team" was raised before a LVT or FTT Tribunal and Chairman decided "in-house team" did not qualify as "solicitor", who are required to conduct CDD ( Client Due Diligence ) before taking...
    22-09-2021, 12:28 PM
  • Renewing the lease and sublet charges
    by mpppen
    I've just about finished the tortuous process of renewing the lease at a flat we own bringing it up to 170 years and no ground rent (yay).

    It is rent out and I do keep getting sublet registration demands from an infamous mgm company on here.

    I've read back through the forums...
    21-09-2021, 18:47 PM
  • Example "Deed of Variation" for extending the lease term.
    by Lat
    I have tried google but there is very little to show. Does anyone have a redacted example of a "Deed of Variation" that they have had to sign?

    The criteria in my case is...

    1. Shared Freehold flat in block of flats
    2. Freeholder is Residents Company Ltd with...
    04-09-2021, 11:24 AM
  • Reply to Example "Deed of Variation" for extending the lease term.
    by Lat
    What is wrong with the following process to register the "Deed of Varation"

    All that is required of me is to get the "Deed of Variation" registered with the Land Registry and provide a copy of the new lease to the Company Secretary.

    The Process.
    1....
    22-09-2021, 12:16 PM
  • Dissolve company and regain shares
    by LaraJara21
    Good afternoon

    I am the director of a small a residents management company / limited company and We want to dissolve the limited company so each freeholder can regain their own shares. I would be extremely grateful if someone could advise on if this is possible and if so, how do we that?...
    22-09-2021, 11:35 AM
  • Reply to Dissolve company and regain shares
    by Gordon999
    The RMC has legal rights under the lease to administer the service charge account and demand annual service charge contribution from leaseholders. . It should not be dissolved because it holds the freehold title of the building.

    If you transfer the freehold title to the leaseholders,...
    22-09-2021, 12:05 PM
  • Right to Manage Costs
    by Pariah81
    Hi,

    I am part of a residents association that is exploring right to manage (RTM).

    We are a 30 flat block in the Ealing area.

    We want to get advice on the process so how much should we be expecting to pay for our legals?

    I'm also aware we have to pay...
    21-09-2021, 13:48 PM
  • Reply to Right to Manage Costs
    by ram

    You can't do that, as where is the money going to come from ?
    You cant give them back the money they gave towards the RTM - as then WHO pays for the RTM legal fees ? - You ?
    It can't come out of the service charges.
    You can pay ONE of the Directors, say $ 500 per year to administer
    ...
    22-09-2021, 10:03 AM
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