Should service charges be held in a client account

[Ollie2000]

Thanks Gordon999 and eagle2. Will do.

[Ollie2000]

Not sure if it's always that simple. By not making it clear in the tenancy agreement that only tenants named therein are allowed to occupy the property, you could arguably be permitting the named tenants to permit other occupants to reside (potentially illegally), if that makes sense. Like with HMO...

[Ollie2000]

Shouldn't another consideration be the landlord's obligation to check all residents' right to reside? For that reason alone, I would always insist on having all occupiers named in the tenancy agreement. Otherwise how can I be sure I know who resides at my property and be able to prove I've checked all...

[Ollie2000]

Thanks ash72 and Gordon999. The managing agent for a block of flats where I own leasehold property has stopped trading and responding to any communication. They have a substantial amount of service charge money that we've paid for works that have not been carried out but are essential. The directors...

[Ollie2000]

I have a question regarding the protection of the service charge (and reserve fund) paid by the leaseholders of a block of flats which has a RTM company and a managing agent who was appointed by the directors of this RTM company. It has always been my understanding that these funds are supposed to be...