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19

Apr, 2015

Sunday

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  1. Replies
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    139

    If you are a shareholder, you have the right to...

    If you are a shareholder, you have the right to call an EGM. Often if these companies are run by thr leaseholders, they do not follow the notices or the correct procedure.

    In the second Section...
  2. You need a good leasehold solicitor and apply to...

    You need a good leasehold solicitor and apply to the FTT for breach of lease.
  3. Thread: Removal of fence

    by bbva
    Replies
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    183

    You can but you have no chance of suceeding with...

    You can but you have no chance of suceeding with the claim. You did not own the land. He sent you 2 letters asking you to remove the fence, but you refused. So now your illegal fence is damaged...
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    In that case, I would do a poll to all flats via...

    In that case, I would do a poll to all flats via Email or written. If you want to do it at an Agm, then you can include it on a proxy vote form. You would also need to include a proposed copy of...
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    147

    Your answer will lie in your articles.

    Your answer will lie in your articles.
  6. Replies
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    284

    I suggest you get some experience first before...

    I suggest you get some experience first before buying a second property. It sounds like you have stretched yourself very thin with the first purchase with no extra cash in the bank to pay for voids,...
  7. Replies
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    Buying the freehold should only be 1% more...

    Buying the freehold should only be 1% more expensive than extending the leases. You also get to divide all the legal and surveyor fees by the number of participants. Ideally though you would want...
  8. Replies
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    We used a no win no fee solicitor to start the...

    We used a no win no fee solicitor to start the process to collect non payment of service charges. To do this, there must be a mortgage company on the title. The mortgage company ended up paying the...
  9. Replies
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    780

    Lease advice is 12-14K plus costs for statutory...

    Lease advice is 12-14K plus costs for statutory extension.. Defintely the way to go.
  10. I would recommend setting up a company. It is a...

    I would recommend setting up a company. It is a bit more work, but once you have a system in place filing returns etc is simple enough to do. Individuals become difficult if one of the flats is...
  11. And the 50/50 sharing - what happened with that?

    And the 50/50 sharing - what happened with that?
  12. Tigerbay, You can call lease-advice.org and...

    Tigerbay,

    You can call lease-advice.org and speak to a solicitor or alternatively send them an enquiry by e-mail and they will send you a reply in 15 business days.
  13. Bad news for your purchase. You are stuck with...

    Bad news for your purchase. You are stuck with your old lease and paying for the new roof and everything that needs fixing in your flat. No wonder 4 other purchasers have walked away.
  14. Replies
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    Thanks. I sent you a PM as I believe that the...

    Thanks. I sent you a PM as I believe that the wording in the lease requires the freeholder to pay for the works first, provide an invoice and then bill the leaseholders.
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    I received the notice of intention toda from MA. ...

    I received the notice of intention toda from MA. It is very generic external painting, Fire Safety Equipment where necessary, external and internal repairs and redecorations, rendering, roof,...
  16. It is what is written in the lease or any Deed of...

    It is what is written in the lease or any Deed of variation of that lease that determines what you pay. Keep us informed.
  17. S As these covenants are for the leaseholder...

    S

    As these covenants are for the leaseholder to maintain and repair, it appears that the leaseholder is wholly responsible for the roof (shelter to the ground floor) gutters, drains, water pipes,...
  18. You are mad to go ahead as there is no obligation...

    You are mad to go ahead as there is no obligation on anyone to do any repairs except the freeholder who doesn't seem to be interested as he cannot reclaim the money back from the leaseholder. The...
  19. Replies
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    159

    Many more items to consider than just the value,...

    Many more items to consider than just the value, which should be done at todays value.
    1. Were building regs obtained? if not, structural engineer to check that the joist were strengthened and can...
  20. Replies
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    I have just read that if there has been a lease...

    I have just read that if there has been a lease extension after the breach, then the breaches are not enforceable? Is this correct?
  21. Replies
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    I am intrigued - what happens if there were...

    I am intrigued - what happens if there were breaches of the lease eg subletting or alterations that were not known at the time of extension? Would they not be enforceable now?
  22. Replies
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    You should complete a tax form every year.

    You should complete a tax form every year.
  23. You will spend a lot more than £200 trying to...

    You will spend a lot more than £200 trying to defend this and most likely the freeholders fees will be put through the service charge. You were aware before purchase so if you weren't happy, you...
  24. Yes the freeholder is reponsible, but that...

    Yes the freeholder is reponsible, but that doesn't mean that all freeholders take care of the building. As there is no provision in the lease for repairs and maintenance, the freeholder will have a...
  25. Replies
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    Nothing worse than a difficult leaseholder. ...

    Nothing worse than a difficult leaseholder.

    Termination of directors will be stated in your memorandum and there is a certian procedure about terminating them. Read up up in Companies House.
    ...
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