Long Leasehold Questions

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Started by leaseholdanswers, 29-05-2014, 08:36 AM
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Started by ilona pinter, 01-06-2012, 10:28 AM
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Started by JoanneS, 25-07-2012, 19:18 PM
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Started by DNM2012, 24-07-2012, 15:31 PM
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Started by Milhouse, 23-07-2012, 17:32 PM
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Started by johnboy, 21-07-2012, 08:31 AM
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  • 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...
    26-01-2022, 00:46 AM
  • 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.
    26-01-2022, 07:14 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...
    25-01-2022, 22:53 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...
    23-01-2022, 23:01 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...
    25-01-2022, 20:58 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...
    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...
    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...
    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...
    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?...
    25-01-2022, 19:25 PM
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