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[Gordon999]

"deem requisite" should have the meaning for "obtaining information to investigate" and when this application is applied to a registration fee, it becomes an unfair contract term.

https://en.glosbe.com/en/en/deem%20requisite%20to

You don't have to pay £120...

[Gordon999]

The RTM company ( i.e the directors ) can open a "client account" at the same bank as the existing one.

[Gordon999]

What are the consequencies ? Those flats which pay more can claim they are being overcharged.

[Gordon999]

You should buy a copy of the freehold title for your building and check if the freeholder has changed recently .

You can choose to refuse under "estoppel" if you haven't received any demand for over 10 years.

You can also refuse to pay £120 fee because this figure...

[Gordon999]

If the flats are all charged 10% , then the current service charge demand would be £1200 per flat .

If your flat should be paying 12 %, then it would mean an extra £240 to pay . So over last 12 years, the arrears may come to £2,880. So you would ask for a retention of £2,500 to cover...

[Gordon999]

What is the annual service charge for current year and what is 20% of that ?

I suggest your solicitor asks the seller to agree for a retention of £2000 for 2 years to cover any service charge arrears....

[Gordon999]

The annual service charge will have to be adjusted and shared by 11 flats instead of 9 flats.

You and other leaseholders should try to negotiate with the freeholder.

[Gordon999]

It seems that your building has 2 lifts and 20 leasehold flats, is that correct ???

If you have been paying £2000 annual maintenance , this would cost £100 per flat if all 20 paid or £111 per flat if only 18 paid.

Are the 2 lifts both inside your building ?
...

[Gordon999]

Some leases do include a clause to say that leaseholder in arrears on payment on annual service charge or annual ground rent may be charged interest at Nat-West Bank's standard interest rate + 4% .

But this situation is not the same as "recoverable from the service charge accoun...

[Gordon999]

Normally the existing leases will continue in operation until the lease reaches the expiry date.

But if the sub-leases has fallen down to 80 years or below, then its reasonable to extend the sub-lease to the maximum term under the headlease.lease ?

How many years lease...

[Gordon999]

IPT is charged at 12% and is not the same as VAT which is charged at 20%.

VAT at 20% is added to the invoice by the supplier if his turnover exceeds £85K p.a ?

IPT at 12% is charged on insurance cover.

VAT at 5% is charged for supply to residential buildin...

[Gordon999]

You have to ask the management company or your surveyor where are the damp issues ?

Does it affect the top flat due to leaky roof ( missing slates ) ? or

ground floor flat due to deteriorated damp course , is the outside ground level 2 brick courses below the original damp...

[Gordon999]

If you are living in constant anxiety and stress , it is better if you move to another flat with safer layout .

[Gordon999]

Roy,

I thought cash basis is allowed if the the rental income is under £15K . But you have quoted under £150K ???

What kind of accruals do you have ? Is it only the late payment for annual service charge bill after April 6th ?

[Gordon999]

If the tenant lives in the property and offered the flat during his 4 weeks holiday absence away, the property will still be residential.

If the tenant is a company offering short term lets "like a hotel business ", then you and the tenant should contact the VAT office.
...

[Gordon999]

1. If you are letting your property under a AST agreement, you can fixed the period up to "one year less one day" and you will not be required to serve an underletting notice and pay the registration fee.

2. The "underlease" situation usually means disposal of...

[Gordon999]

Rent on residential property is VAT exempt. You can get confirmation from the VAT Office.

[Gordon999]

The state pension for some is only £126 per week and I am sure they are living a hard life.

[Gordon999]

The accounts show accruals and if the receipts do not tally up, this will be your reason for asking to see the bookkeeping records.

[Gordon999]

I guess you must be somewhere near to Southend-on-Sea. I guess your local MP will know a lot of complaints about this company.

Can you buy a copy of the freehold title and headlease title + title plan from "Land Registry Online" by credit card ( cost about £3 ) and download...