Long Leasehold Questions

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Started by leaseholdanswers, 29-05-2014, 08:36 AM
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Started by savvy, 26-01-2020, 15:47 PM
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by savvy
 
Started by LC4OA, 25-01-2020, 17:06 PM
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by LC4OA
 
Started by AB2017, 25-01-2020, 22:33 PM
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Started by annaV, 25-01-2020, 14:12 PM
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Started by ZIGGYVIGGY, 12-01-2020, 16:46 PM
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Started by TruthLedger, 22-01-2020, 16:15 PM
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Started by Dora Stephens, 19-01-2020, 09:07 AM
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Started by Delectable1, 19-01-2020, 17:22 PM
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Started by TruthLedger, 18-01-2020, 17:16 PM
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Started by sanela, 20-01-2020, 20:17 PM
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  • Reply to Share of feehold/shared service charges?
    by Gordon999
    Since your flat has 2 bedrooms and other flats have one bedroom, you should keep the existing 38:31:31 split as fair contribution to the annual service charge account.

    For lease extension, the cost is mainly solicitors charges plus registration charge at Land Registry and Mortgage Lender.(...
    28-05-2022, 10:48 AM
  • Share of feehold/shared service charges?
    by Stu1020
    Hi there,

    I'm new to the forum and looking for advice on a sticky freehold situation.

    I own a two-bed flat in a converted building with two one-beds. The lease states that a fair proportion is payable towards the service charge. However, there has been a running agreement of...
    20-05-2022, 11:39 AM
  • Building works & S20 process
    by RichA
    Hi. I have a freehold after selling a leasehold flat in a block of 4 flats. We don't currently have a managing agent, so these duties currently fall to me (I am holding off appointing a managing agent whilst the leaseholders consider whether they want to RTM).

    The block needs some maintenance...
    21-05-2022, 17:20 PM
  • Reply to Building works & S20 process
    by Gordon999
    The S20 consultation with leaseholders is required for any planned works which exceed £250 cost per flat.

    If any planned works are quoted below £1000, you could place the order on the supplier with lowest quote. .

    If the freeholder is self- managing the building maintenance,...
    28-05-2022, 09:56 AM
  • Reply to Share of feehold/shared service charges?
    by sgclacy
    You appear to have bought into the flat knowing at the time your share is 38% and having owned the flat feel that this is unjust.

    Did you raise any concerns questions at the time of purchase that in a three flat split you would be paying more than 33.33% . Could it be argued that the unfairness...
    28-05-2022, 09:04 AM
  • Reply to Share of feehold/shared service charges?
    by eagle2
    The cost of extending a lease is not a service charge expense so there is no reason to allocate it on the 38/31/31 basis, your offer to split those costs equally seems to be reasonable. It is up to the freeholder to decide what is fair and reasonable for the service charges and it is up to the other...
    28-05-2022, 05:29 AM
  • Reply to Old managing agents accounts
    by eagle2
    Unless the handover took place at the end of the financial year, it is the RTM's responsibility to produce the annual accounts. You could try making a formal complaint against the agent to supply copies of all supporting documents, it should belong to a redress scheme. The difficulty is that the agent...
    28-05-2022, 05:05 AM
  • Old managing agents accounts
    by jazzythumper
    Since obtaining the RTM and changing the managing agent, we have never been given full accounts / receipts for the previous year(s). We believe that as the old freeholder and leaser holder of one of the flats were represented by the same solicitor that prior to the sale of the freehold, we were subsidising...
    20-05-2022, 11:21 AM
  • Freehold confusion
    by davetg
    30 years ago I bought a flat from a friend. The freehold at the time was registered to my friend and the lady who owned the other flat. I understood at the time that I would replace the friend on the freehold but this never happened. This was not a problem until now as when work on the structure of...
    24-05-2022, 14:29 PM
  • Reply to Freehold confusion
    by CStevens
    davetg,

    The property should be registered so the land registry should hold a copy of the leases. You would need to look at the leases to see who is responsible for what but normally in a maisonette situation the freeholder would insure and maintain the structure, foundation and roof with...
    27-05-2022, 21:58 PM
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