LandlordZONE

21

Sep, 2014

Sunday

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  1. I hope you don't mind me approaching you, I've found your posts v. useful. You seem to have partially answered my questions in posts. If you could clarify I'd be grateful.

    My situation: Currently exercising RTM with 1 other l/h - third party is f/h (owns 3rd flat)
    Lease stipulates 3 way split on service charges - I've been paying 45%. F/h has bizarre way of working out insurance valuations - not based on sq. ms etc. Have just had a quote from residentsline - thanks. £620 v £1025 paid through f/h.

    Contacted current insurer - referred to broker, different from the one on my last Service Charge docs. Broker ceased to be FSA last May. Spoke to new broker, who refused to provide info as f/h has not declared my interest.

    Can I ask broker details of the amount of commission taken what was paid to f/h? Can I also ask the basis of the split in valuation between flats - all approx. 110sq m? Am considering LVT and want to get the facts together. Thanks.
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About Gordon999

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