View Profile: siva - LandlordZONE Forums

20-05-2013, 15:24 PM

siva replied to a thread Requirement to audit service charges accounts where lease is silent in Long Leasehold Questions

Not necessarily. I am more familiar with HMRC definitions than those used by Companies House but there are definitions of what trading means. That is...

22 replies | 310 view(s)

20-05-2013, 13:52 PM

siva replied to a thread Requirement to audit service charges accounts where lease is silent in Long Leasehold Questions

I'm not sure if you are wrong or not but I get the feeling from discussion I've seen on LZ that some management companies register as 'not trading'...

22 replies | 310 view(s)

20-05-2013, 12:48 PM

siva replied to a thread Requirement to audit service charges accounts where lease is silent in Long Leasehold Questions

A leaseholder cannot refuse to pay service charges that are properly demanded in accordance with the lease and legislation. The summary of service...

22 replies | 310 view(s)

20-05-2013, 12:19 PM

siva replied to a thread Requirement to audit service charges accounts where lease is silent in Long Leasehold Questions

Only if a lessee requests it and if they do shop around. They shouldn't be charging £600 for this. Like you say above, most lessees would be happy...

22 replies | 310 view(s)

20-05-2013, 12:14 PM

siva replied to a thread LVT Response Questions in Long Leasehold Questions

s27a allows the LVT to decide if a service charge would be payable if they were incurred so technically speaking they could make the decision at the...

6 replies | 160 view(s)

20-05-2013, 10:10 AM

siva replied to a thread Requirement to audit service charges accounts where lease is silent in Long Leasehold Questions

There is no statutory requirement for an audit of the accounts. If the lease doesn't require one then that's the end of the matter. A leaseholder...

22 replies | 310 view(s)

20-05-2013, 09:23 AM

siva replied to a thread Missed service charge payment by the flat owner in Long Leasehold Questions

I would advise not to start threatening forfeiture unless arrears are more than £350 or the SC have been owed for more than 3 years. Before you...

6 replies | 173 view(s)