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PDW1964
Member
Last Activity: 06-12-2018, 23:47 PM
Joined: 14-04-2011
Location: Felixstowe
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  • I have loosely discussed an RTM with the freeholder before and he told me it would not be worth it as I would have to pay his legal costs associated with replying to the necessary correspondence. Surely these can't amount to much and must also be reasonable? I also think he is underestimating the amount...
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  • Hi Chris. I was wondering what would be the point of incurring the costs of setting up an RTM and then buying the freehold just after? Why not start freehold valuation/negotiations straight away?...
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  • Hi and thanks again. I must admit that I didn't think there was a right to buy the freehold! The ground rents are fairly high in my opinion ie £270pa for the ground floor flat and £400pa for the maisonette so I guess this increases the value of the freehold
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  • Hi Macromia.Thanks for your reply. I believe the leases qualify for an RTM. I have also made enquiries before about buying the freehold but their original estimate seemed way too high IMHO. They suggested getting their valuers to value it (which I incidentally would have to pay for apparently) and go...
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  • PDW1964
    started a topic Appointment of managing agents

    Appointment of managing agents

    Hi everyone. I wonder if someone could advise me please?
    I own 2 leasehold flats in a converted house. There are only 2 flats in total but I do not own any of the freehold. I have just been informed by the freeholder (a property company based miles away) that they intend to appoint a management...
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