Long Leasehold Questions

Topics	Statistics	Last Post
Sticky: FAQ On Leasehold Property Issues-Your Answer Might Be Here by leaseholdanswers Started by leaseholdanswers, 29-05-2014, 08:36 AM	1 response 6,958 views 0 likes	Last Post by Guest 30-09-2014, 17:12 PM
ground rent/ management charge query by Robble76 Started by Robble76, 31-05-2007, 15:52 PM	9 responses 2,013 views 0 likes	Last Post by jeffrey 01-06-2007, 12:25 PM
Service Charge % wrong as new flats built in building by phozwilliam Started by phozwilliam, 22-02-2007, 23:21 PM	2 responses 1,790 views 0 likes	Last Post by jeffrey 30-05-2007, 16:02 PM
lease extension refused by freeholder by wombat Started by wombat, 29-05-2007, 16:29 PM	1 response 2,203 views 0 likes	Last Post by jeffrey 29-05-2007, 16:39 PM
Notice under Section 146 - help! by arwen Started by arwen, 29-05-2007, 16:27 PM	1 response 1,326 views 0 likes	Last Post by jeffrey 29-05-2007, 16:36 PM
Landlord's Failure to Maintain by Joannakins Started by Joannakins, 28-05-2007, 14:07 PM	1 response 1,983 views 0 likes	Last Post by jeffrey 29-05-2007, 09:08 AM
Freehold Property Sale - Clarification Required by trickey30 Started by trickey30, 27-05-2007, 16:52 PM	2 responses 1,391 views 0 likes	Last Post by jeffrey 27-05-2007, 20:53 PM
Parking rights - Freehold/Leasehold conflict by timl117 Started by timl117, 24-05-2007, 09:51 AM	6 responses 3,044 views 0 likes	Last Post by timl117 25-05-2007, 14:39 PM
Quick query on Section 5 by sgclacy Started by sgclacy, 25-05-2007, 00:25 AM	1 response 1,572 views 0 likes	Last Post by jeffrey 25-05-2007, 09:03 AM
breach of lease by ybaLandlord Started by ybaLandlord, 20-05-2007, 19:12 PM	3 responses 1,899 views 0 likes	Last Post by LondonFreeholder 23-05-2007, 22:12 PM
Missing Reserve Fund / Maintenance Fund by barnaby51 Started by barnaby51, 19-05-2007, 00:23 AM	6 responses 4,273 views 0 likes	Last Post by tenant29 22-05-2007, 17:09 PM

service charge based on rateable values

Foreverleaseholder

I own a leasehold flat in a building of 4 flats - different sizes, mine is the smallest-almost a studio flat (3 leasehold flats + 1 freeholder’s flat).
Since I bought the flat the freeholder has been calculating the service charge by simply dividing the costs four ways.
Very recently...
- Channel: Long Leasehold Questions
20-04-2018, 10:40 AM
Reply to service charge based on rateable values

Lawcruncher

That reads like a summary of the clause and does not quite make sense. Please quote the exact wording. In the meantime, assuming the effect of the clause is that each flat pays a proportion according to rateable value and does not elaborate further, then I think you have to go by the rateable values...
- Channel: Long Leasehold Questions
21-04-2018, 21:03 PM
Director Issues

amog78

I own a share of the Freehold. There are 24 flats in the complex, 16 of which took up the opportunity to purchase the freehold, including myself. The remaining 8 flats are Leasehold and therefore pay Ground Rent and Service Charge. Our Directors have recently decided that the Ground Rent paid by the...
- Channel: Long Leasehold Questions
21-04-2018, 16:57 PM
Reply to Director Issues

leaseholder64

That should, of course, have been corporation, not cooperation, tax, as no-one wants to cooperate in paying tax!

As well as corporation tax, those receiving the dividends would need to declare them on their tax returns, although it is possible that they would be below the dividend threshold....
- Channel: Long Leasehold Questions
21-04-2018, 18:52 PM
Ground Rent Term 2 question

KarenL

Hi,

I've been reading this forum for quite some time and found it to be REALLY useful. We have 4 houses which we rent out, so thanks for all the posts.

I thought I would ask my first question as I have googled this and can't find anything.

One of our properties...
- Channel: Long Leasehold Questions
21-04-2018, 13:08 PM
Reply to Ground Rent Term 2 question

KarenL

Thank you so much for that.

Just one (maybe silly) question.
Why is it £1 and not £25 (which is the real ground rent).

Oh and the reason for all this is that the landlord/freeholder has asked for almost £5,000. All our enquiries have shown it to be around £350
- Channel: Long Leasehold Questions
21-04-2018, 18:15 PM
Reply to Director Issues

leaseholder64

Also, how is the cost of, at least, filing confirmation statements being funded, if not from the ground rents?

You also still have to pay service charges.
- Channel: Long Leasehold Questions
21-04-2018, 17:10 PM
Reply to Director Issues

leaseholder64

All 24 flats are still leasehold.

Buying out he freehold doesn't change the leases, so you still have to pay ground rent.

You are confusing the members of the company that owns the freehold, with the freeholder. The company is the one and only freeholder.

I think...
- Channel: Long Leasehold Questions
21-04-2018, 17:07 PM
Costs to get FTT decision on the terms of collective enfranchisement

Lorimer

We are in the middle of a Section 13 collective enfranchisement claim to purchase our freehold. The freeholder's counter notice stated that he wanted more money than we offered and also stated that we are not entitled to include the large communal garden to the side of the building in our enfranchisement...
- Channel: Long Leasehold Questions
16-04-2018, 09:26 AM
Reply to Costs to get FTT decision on the terms of collective enfranchisement

Lorimer

1. The garden is on the same freehold title as the building in which the flats are located.
2. Leaseholders have paid grounds maintenance monies over the course of c.20 years for the upkeep of the garden.

We have been advised that the garden cannot be classed as appurtenant land because...
- Channel: Long Leasehold Questions
21-04-2018, 15:58 PM

Latest Topics