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chris1544
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Last Activity: 24-09-2020, 17:46 PM
Joined: 11-11-2018
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  • ARMA guidance and Tech 03/11 say there is no requirement for reserve/sinking funds to be held in a separate account to other service charge funds, unless the lease requires it. Tech 03/11 goes a bit further and says a separate account can also be used if the client/landlord prefers that arrangement....
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  • chris1544
    replied to Right to manage
    Yes it was but our Freeholder was pretty relaxed about the whole thing so that helped a lot. The actual paperwork is straightforward so you could still do that yourself but if your Freeholder is going to be difficult then it might be easier to get a company to do the whole thing, especially if they...
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  • chris1544
    replied to Right to manage
    Are all the leaseholders onboard? Do you think the freeholder will object? If the answers are yes and no respectively, you could do all the paperwork yourselves without using a company. It’s definitely doable if you are willing to put in the time. We acquired the right to manage last year for our...
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  • chris1544
    replied to Right to manage
    How many flats are in your building?
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