Ok, the situation is this...
I am a director of the freehold management company for a small block of flats (other directors being leaseholders like myself).
Earlier this year we had some banking issues and changed from one of the big high street banks to an on-line bank....
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10-07-2020, 17:36 PM
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This website has comments to show the Tide bank accounts are not problem free.
https://moneysavinganswers.com/busin...t-alternative/11-07-2020, 07:24 AM -
Hi,
Freeholder is a group of private individuals, not a company.
If the freehold starts collecting ground rent - it is income and should be declared.
Is there a chance to expense it - not to pay tax?
also, the demand for ground rent must be made against...10-07-2020, 09:29 AM -
Reply to Freehold & Ground rentas far as changes in the leases are concerned, let the lessee come to you. Change cannot be unilateral, both parties have to enter into a variation. If they do exercise the right to claim an extension to the lease, the rent will statutorily drop to a peppercorn. One advantage of having a nominal ground...11-07-2020, 06:54 AM
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Reply to Freehold & Ground rentThank you, so basically stamps, envelopes etc.
Or just do not do it. Or change the lease for the freehold to extend leasehold and make ground rent peppercorn....10-07-2020, 20:07 PM -
Hi there, new member hoping someone can help. I recently purchased a flat in a block that’s leasehold and purchased on the understanding of renting out. The solicitor said that it could be used for rental and since buying the freeholder has pointed out in the lease it cannot be. The lease is very...20-06-2020, 17:21 PM
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I have no fight left in me, I’m just going to sell and next door tried to buy the freehold and lost, the same freeholder, do you know if I have any grounds on my previous message regarding the letting out and lieing?10-07-2020, 19:45 PM
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Hi all,
I am after some advice regarding a section 20b I was issued. It was issues in September 2018 for year end 3oth March 2018. It can itemised with amounts totaling around 12k.
We have only now had the account and demand for the additional payments. However the total...10-07-2020, 10:38 AM -
Reply to Section 20b tenant adviceThis free guide may help you , can download from LEASE :
https://www.lease-advice.org/advice-...panies-agents/10-07-2020, 19:35 PM -
Reply to Ews10-07-2020, 19:29 PM