A ground rent of £150 per annum increasing by 50% every 10 years until it reaches £3,844.33 with 2 years to go before it makes its first doubling would cost around £7,600 plus 0.33% of the value of the flat to have a statutory lease extension
One of the difficulties in proposing any...
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Reply to Variation of lease13-08-2020, 01:08 AM
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I own a flat with a lease of 125 years starting from 2012. The ground rent is at present £150 pa, but increases as follows every ten years: £225... .£337.50.... 506.25.... 759.38.... 1139.06.... 1708.59.... 2562.89 ....3844.34. There are no more increases after eighty years. I am considering a variation...25-02-2020, 08:57 AM
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Once the Land Registry have closed the title and a new lease granted there is no redress for the lessee seeking relief from forfeiture
The land registry will write to any party shown in the charges register and the tenant before closing the title - therefore illustrating the need to make...13-08-2020, 00:03 AM -
999yr Long lease commercial, lessee in breach, S146 served, S146 expires without being complied with, FH re-enters and changes locks.
Now... LH can go to court to claim relief from forfeiture for the remediable breach, usually within 6 months or so. BUT lets say once FH has re-entered he...12-08-2020, 13:26 PM -
Its in section 98 of Commonhold &Leasehold Reform Act 2002.
Where a person who is—
(a)landlord under a long lease of the whole or any part of the premises, or
(b)party to such a lease otherwise than as landlord or tenant,
has functions in relation...12-08-2020, 22:27 PM -
We have RTM in place for our two flat building. Recently the other leaseholder put in a request to the RTM company to install an air vent. I duly wrote to the freeholder, notifying them of our intention to grant approval for the works, giving them the statutory 30 days notice.
They have...12-08-2020, 11:04 AM -
There isn't much case law on this but even when an RTM is in place and it is the RTM that is responsible for dealing with consents, I believe the freeholder CAN charge a reasonable admin fee simply for the freeholder's time in reviewing the consent application. This is because the RTM company cannot...12-08-2020, 20:33 PM
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sounds like a major win
12-08-2020, 20:22 PM -
Wonder if you can help... This week I have received a Court Claim form pack with what seems to include a ‘particulars of claim’ and ‘lease’ for ‘outstanding arrears of Ground rent and insurance’.
Now this is a huge shock as I’ve not received any letters at all, no emails or phone...10-06-2020, 20:13 PM -
Is there any reason why I cannot let a freehold flat on a two flat maisonette where there are two freeholders with a deed of covenant between the two to cover such issues as maintaining the property? There appears to be nothing in the covenant restricting renting my property out and it’s been done...10-08-2020, 06:12 AM