Long Leasehold Questions

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Sticky: FAQ On Leasehold Property Issues-Your Answer Might Be Here by leaseholdanswers Started by leaseholdanswers, 29-05-2014, 08:36 AM	3 responses 9,281 views 0 likes	Last Post by Moderator2 17-06-2021, 21:40 PM
Rebates for previous Service Charge / Insurance errors by MickyV Started by MickyV, 09-07-2013, 09:14 AM	7 responses 905 views 0 likes	Last Post by leaseholdanswers 09-07-2013, 14:21 PM
No licence to assign lease issued. Can we forfeit flat ? by ram Started by ram, 09-07-2013, 07:48 AM	3 responses 2,175 views 0 likes	Last Post by leaseholdanswers 09-07-2013, 14:11 PM
Banks for Freehold Company with non UK resident director? by Cantabriana Started by Cantabriana, 04-07-2013, 09:09 AM	11 responses 2,464 views 0 likes	Last Post by ram 09-07-2013, 09:48 AM
RTM financial handover issue by MrSoffit Started by MrSoffit, 06-07-2013, 23:42 PM	6 responses 657 views 0 likes	Last Post by MrSoffit 09-07-2013, 03:43 AM
Service charge based on rateable values.. by samg Started by samg, 07-07-2013, 23:06 PM	9 responses 2,782 views 0 likes	Last Post by bandontherun 08-07-2013, 16:01 PM
Subletting fees and STA by halcyon Started by halcyon, 14-05-2013, 12:07 PM	14 responses 3,924 views 0 likes	Last Post by leaseholdanswers 08-07-2013, 09:01 AM
Taking Managing Agent to court tomorrow by Carine Started by Carine, 16-12-2012, 14:28 PM	61 responses 8,490 views 0 likes	Last Post by andydd 05-07-2013, 15:41 PM
Ground rent arrears legal costs by Lizzita82 Started by Lizzita82, 24-06-2013, 11:13 AM	10 responses 2,636 views 0 likes	Last Post by siva 05-07-2013, 14:37 PM
Right of first refusal by zibby Started by zibby, 02-07-2013, 15:04 PM	7 responses 1,050 views 0 likes	Last Post by Moderator2 05-07-2013, 09:57 AM
Fraud Act 2006 - shareholder complaining to CPS by billericayboy Started by billericayboy, 02-07-2013, 16:18 PM	7 responses 489 views 0 likes	Last Post by Perplexed 04-07-2013, 16:42 PM

Reply to AGM cancelled.

by Andrea Cunningham

Call an EGM. Make sure you give proper notice and that it is legal (download a boilerplate notice off the internet). In that EGM you can vote new directors in, or even vote the old directors out.
- Channel: Long Leasehold Questions
26-01-2022, 07:14 AM
AGM cancelled.

by Grumio

Is this legal?

A bit of background, we currently have three directors, we are allowed to have up to a maximum of eight directors according to the articles of association. We are all leaseholders. Last summer the three directors decided to hire a managing agent who is now in charge of the...
- Channel: Long Leasehold Questions
26-01-2022, 00:46 AM
Lease extension triggers doubling ground rent change

by SouthernDave

Has anyone had dealing with doubling ground rents?
i have just asked for a quote for a lease extension and they are proposing new ground rent terms of a doubling ground rent every 25 years. My commercial guy has said some lenders don't like these which may reduce the value of the property of i...
- Channel: Long Leasehold Questions
25-01-2022, 22:53 PM
Reply to What can I do about my right of way.

by Trevor62

This is the ROW as it is in the land registry.

Can I ask another question?

As you can read it says Boundary determined by edge of pavings. Before the other party moved out they built a fence along the boundary though they build it on my side of the...
- Channel: Long Leasehold Questions
25-01-2022, 20:58 PM
What can I do about my right of way.

by Trevor62

I live in the upper flat of a maisonette, I have a right of way that goes around the back of the building from the side entrance, there are only two flats in the building.

Anyway for years there has been a gate with a lock to go through the right of way, now for the past year the flat has...
- Channel: Long Leasehold Questions
23-01-2022, 23:01 PM
Enfranchising from a company I'm already a member of.

by Andrea Cunningham

The estate I live on has 2 blocks. All the leaseholders are members of the company which owns the freehold and manages the block ("Share of freehold").

Suppose one of the 2 blocks decides to go it alone - so in other words gain the freehold from a company they are already a member...
- Channel: Long Leasehold Questions
04-10-2021, 12:07 PM
Reply to Enfranchising from a company I'm already a member of.

by Andrea Cunningham

As I said right at the beginning, there are some very sound reasons to do this which I wasn't going to go into. Suffice it to say that the current situation is one where the building I live in suffers under the tyranny of the majority of the larger building. So what is being sought is genuine control...
- Channel: Long Leasehold Questions
25-01-2022, 20:24 PM
Reply to Enfranchising from a company I'm already a member of.

by Andrea Cunningham

There is already no ground rent collected - so as I understand it the value of the freehold might be quite low anyway.

If this is all done by negotiation then it is a moot point regardless, and it brings me back to what I was actually asking about, which is how to fairly and equitably split...
- Channel: Long Leasehold Questions
25-01-2022, 20:10 PM
Reply to Enfranchising from a company I'm already a member of.

by Macromia

That potentially raises an interesting question about what happens to any money that needs to be paid for the enfranchisement.
At the moment payment is handed over, all those in the block being enfranchised would presumably cease to be members of the company - so wouldn't be entitled to any share...
- Channel: Long Leasehold Questions
25-01-2022, 19:40 PM
Reply to Enfranchising from a company I'm already a member of.

by Macromia

That may not be your intention, but it definitely seems like you haven't given proper consideration to what enfranchisement would involve.

What do the leases specifically say about what is included within service charge/maintenance costs and how service charge costs are to be split?...
- Channel: Long Leasehold Questions
25-01-2022, 19:25 PM

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