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
Fee for Garage Conversion by smithpr Started by smithpr, 08-12-2009, 09:55 AM	3 responses 1,272 views 0 likes	Last Post by jeffrey 08-12-2009, 10:57 AM
How does RTM Co. recover arrears from lessee? by yewtree Started by yewtree, 07-12-2009, 21:38 PM	2 responses 897 views 0 likes	Last Post by yewtree 07-12-2009, 22:52 PM
Breach of lease by Bolly Started by Bolly, 07-12-2009, 12:44 PM	4 responses 1,594 views 0 likes	Last Post by Bolly 07-12-2009, 13:14 PM
Repairs carried out by a leaseholder... by quarterday Started by quarterday, 05-12-2009, 12:15 PM	3 responses 1,386 views 0 likes	Last Post by jeffrey 06-12-2009, 22:29 PM
Peppercorn Rent by batfink Started by batfink, 05-12-2009, 10:22 AM	12 responses 10,480 views 0 likes	Last Post by jeffrey 06-12-2009, 22:27 PM
Ex-lessee now asked to extend leases: may own f/r? by scrappy Started by scrappy, 26-11-2009, 13:28 PM	17 responses 2,362 views 0 likes	Last Post by quarterday 05-12-2009, 11:48 AM
Freeholder's past alteration to lease by funkster Started by funkster, 30-11-2009, 23:24 PM	25 responses 3,483 views 0 likes	Last Post by thevaliant 03-12-2009, 17:10 PM
Value of Freehold by freeholder Started by freeholder, 28-11-2009, 01:18 AM	9 responses 1,887 views 0 likes	Last Post by sgclacy 01-12-2009, 02:58 AM
Interest charged on service charges by funkster Started by funkster, 25-11-2009, 20:11 PM	17 responses 3,019 views 0 likes	Last Post by funkster 30-11-2009, 22:38 PM
Can RTB flats' lessees use RTM/RTE against Council? by nick20045 Started by nick20045, 29-11-2009, 13:20 PM	5 responses 1,044 views 0 likes	Last Post by jeffrey 30-11-2009, 10:34 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
Reply to AGM cancelled.

by eagle2

Any meeting which you decide to hold will be an informal meeting only, you do need to follow the correct procedure if you wish to hold a valid meeting,

The Articles should state whether or not directors need to declare conflicts of interest and whether or not they are entitled to vote on...
- Channel: Long Leasehold Questions
26-01-2022, 13:30 PM
Reply to AGM cancelled.

by Grumio

It is both a managing agent and a residence Association. But we want to go back to managing the block ourselves.

Thanks for the reply, yes invitations have been sent to all our members. And I agree, they should not cancel the AGM, especially when they haven’t got a plausible reason to...
- Channel: Long Leasehold Questions
26-01-2022, 12:12 PM
Reply to Lease extension triggers doubling ground rent change

by sgclacy

Doubling every 25 years is simply a guess as to what inflation may be, if inflation of the current levels ( about 6% ) was to continue the real value of the rent would fall by 77% and doubling would not address the enormous damage done by inflation. However, if inflation was less than 2.81% per annum...
- Channel: Long Leasehold Questions
26-01-2022, 11:57 AM
Reply to Lease extension triggers doubling ground rent change

by Section20z

You are clearly using the informal route and can thus negotiate whatever terms you like.
freeholder will want to retain some ground rent but avoid the doubling clause, maybe suggest small fixed rises every ten years....
- Channel: Long Leasehold Questions
26-01-2022, 10:40 AM
Reply to Service charges according to floorspace vs lease stipulation

by Section20z

Quite, there is also the question here of who the actual freeholder is and whether the whole thing is any concern of the OP who only ever need pay 25% !!...
- Channel: Long Leasehold Questions
26-01-2022, 10:25 AM
Service charges according to floorspace vs lease stipulation

by Santa Fe

Hello. I own a flat in a block of four. The new owner of the smallest flat is disputing their contribution to service charges based on floor size. All four flats have historically paid 25% each, but of the four leases only mine states that I pay 25%. I have spoken with a solicitor about this and he...
- Channel: Long Leasehold Questions
24-01-2022, 22:55 PM
Reply to AGM cancelled.

by eagle2

Yes, I am confused too. If there is a Residents Association, it is required to comply with its constitution.

There seems to be a Company involved as well. Whether or not it is required to hold an AGM depends on its Articles, AGMs can be cancelled for various reasons, lockdowns are an example,...
- Channel: Long Leasehold Questions
26-01-2022, 10:19 AM
Reply to Service charges according to floorspace vs lease stipulation

by eagle2

I think that we have found 3 possible alternatives already and no doubt we could find more, As Section20z says it is very rare for a court or a tribunal to intervene, The lease appears to allow the freeholder (?) to decide what is fair and reasonable and it has decided that an equal share is reasonable,...
- Channel: Long Leasehold Questions
26-01-2022, 10:01 AM
Reply to AGM cancelled.

by fos333

Is this a Residence Association or Residents Management Company?

Had invitations to the AGM been sent out to all members? If invitations had been issued then no the AGM should not have been cancelled.

If the 2 directors are "good friends of the managing agent" they...
- Channel: Long Leasehold Questions
26-01-2022, 10:00 AM

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