Long Leasehold Questions

		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	3 responses 9,518 views 0 likes	Last Post by Moderator2 17-06-2021, 21:40 PM
transfer of shares in property owning company by quarterday Started by quarterday, 23-11-2010, 20:49 PM	2 responses 1,297 views 0 likes	Last Post by jeffrey 24-11-2010, 11:07 AM
Valuation for a section 5 notice by lallis Started by lallis, 22-11-2010, 17:57 PM	7 responses 934 views 0 likes	Last Post by leaseholdanswers 23-11-2010, 20:24 PM
Post RTE - easement rights by Gazou Started by Gazou, 23-11-2010, 10:12 AM	9 responses 1,435 views 0 likes	Last Post by Gazou 23-11-2010, 15:52 PM
Can L's managing agent charge fee for Banking/Postage? by vickytheviking Started by vickytheviking, 03-05-2010, 10:18 AM	26 responses 11,324 views 0 likes	Last Post by leaseholdanswers 23-11-2010, 11:39 AM
Formed RTM Company, now previous PMC want Y/E 2009 adjusment by marko Started by marko, 19-11-2010, 17:10 PM	9 responses 1,260 views 0 likes	Last Post by marko 22-11-2010, 16:47 PM
Covenant bars subletting absolutely- what can T do? by owl Started by owl, 17-11-2010, 14:51 PM	3 responses 1,663 views 0 likes	Last Post by jeffrey 21-11-2010, 16:34 PM
LVT & service charges by rgk Started by rgk, 18-11-2010, 14:42 PM	9 responses 2,093 views 0 likes	Last Post by rgk 20-11-2010, 19:56 PM
'self-repairing' lease and service charges by AlexPalace Started by AlexPalace, 13-08-2010, 13:51 PM	22 responses 8,385 views 0 likes	Last Post by AlexPalace 20-11-2010, 18:31 PM
RTM - management switchover by laurag1974 Started by laurag1974, 15-11-2010, 18:22 PM	18 responses 2,716 views 0 likes	Last Post by leaseholdanswers 20-11-2010, 09:36 AM
Do Common parts comply with HMO ? by deer Started by deer, 19-11-2010, 09:42 AM	8 responses 1,724 views 0 likes	Last Post by leaseholdanswers 19-11-2010, 16:25 PM

Missing joint freeholder in 2x flat block, able to to gain share of freehold?

by JonRo15

Hi, quite an unusual situation I'm in, and not sure of the options available to me.

There are two flats in my building, I own the lease to one, and one of the two freeholders owns the other.

We are both encountering issues with selling/lease extensions as the second freeholder...
- Channel: Long Leasehold Questions
02-07-2022, 16:37 PM
Reply to Missing joint freeholder in 2x flat block, able to to gain share of freehold?

by vmart

It may be possible for you and the other leaseholder to make an enfranchisement claim. As one party of the freehold is absent it is likely if that remains the case you will need to apply for a vesting order at the appropriate point in the process.

Funds for the premium will be paid to the...
- Channel: Long Leasehold Questions
03-07-2022, 19:36 PM
Reply to statutory lease extension - are valuations necessary

by Gordon999

The Leasehold Reform (Ground rent ) Act 2022 became effective on 30 June 2022 and your "statutory lease extension" should state "one peppercorn ground rent".

Does the new lease include "one peppercorn" ground rent for the entire period ? The Landlord's...
- Channel: Long Leasehold Questions
03-07-2022, 13:25 PM
statutory lease extension - are valuations necessary

by aurora1

Dear All

I am in the process of extending the lease informally, however, things got stuck and after 10 months of something that was suppose to be a quick and smooth process I now think we should do a statutory extension. Basically the landlord had a close in the last lease that every next...
- Channel: Long Leasehold Questions
03-07-2022, 08:23 AM
Reply to Missing joint freeholder in 2x flat block, able to to gain share of freehold?

by Gordon999

I suggest you take your problem to the Court Manager at your local Magistrates Court for assistance....
- Channel: Long Leasehold Questions
03-07-2022, 13:15 PM
Reply to Missing joint freeholder in 2x flat block, able to to gain share of freehold?

by JonRo15

I understand that the two freeholders are seen as one legal entity, but surely if one is proved to be absent then his title can be changed to me via court application with the agreement of the other, existing freeholder? i found the below which appears to be exactly the situation I am in

...
- Channel: Long Leasehold Questions
03-07-2022, 10:48 AM
Reply to statutory lease extension - are valuations necessary

by Section20z

No there's no requirement for any independent valuation. It's only routinely used in case the offer price needs to be argued at FTT...
- Channel: Long Leasehold Questions
03-07-2022, 09:05 AM
Reply to statutory lease extension - are valuations necessary

by aurora1

Thank you. Just to clarify - we do not want any amendments, we just want to extend it as it is. Does the act require a valuation even if the price is agreed?...
- Channel: Long Leasehold Questions
03-07-2022, 08:49 AM
Reply to statutory lease extension - are valuations necessary

by Sydaton

If you are relying on the statute to force the freeholder to extend then yes a valuation would be required. But if the freeholder is prepared to accept the negotiated price then presumably they are no going to accept the amendments you propose? So you're then back where you are now, I'm afraid....
- Channel: Long Leasehold Questions
03-07-2022, 08:36 AM
Who should arrange major works?

by Sydaton

If I was having £50k of works carried out on my own house, I'm used to an architect charging 10% of the tender sum to provide drawings, write a specification and deal with collecting tenders from contractors, checking quality of work, etc. However I would expect lower charges if there were no drawings...
- Channel: Long Leasehold Questions
03-07-2022, 08:31 AM

Latest Topics