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22

May, 2015

Friday

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  1. If it is not in the lease, then no you cannot pay...

    If it is not in the lease, then no you cannot pay compensation. Did she not have insurance or does the block not have insurance to cover such an event?
  2. Replies
    12
    Views
    658

    What do you want to achieve? No works at all,...

    What do you want to achieve? No works at all, too expensive or a different contractor? The FTT should be used as a last resort and only if you have a good solid case and after you have tried...
  3. Replies
    19
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    959

    Get the details from the sellers solicitors.

    Get the details from the sellers solicitors.
  4. Regarding everyone being a director, is this...

    Regarding everyone being a director, is this stated in your articles and memorandum? If not, then when a flat is sold, do not automatically make the new shareholders directors.
  5. I am afraid you will not be able to persuade him...

    I am afraid you will not be able to persuade him to change his opinion. What is his legal opinion based on and does it have merit? As long as you are confident that you have done everything by the...
  6. I am afraid that these type of persons will not...

    I am afraid that these type of persons will not listen to reason and the only way they beleive they can bully everyone into getting their own way is by threatening or indeed going to court.

    As...
  7. Look up the address on Land Registry. You will...

    Look up the address on Land Registry. You will see immediately if there are one or two titles. Downloading a title is £3
  8. Replies
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    1,024

    Q But what difference does it make to the...

    Q

    But what difference does it make to the tenant? None at all except fewer properties to choose from.
  9. If you convert them back to 2 units, are you...

    If you convert them back to 2 units, are you planning on selling the flats separately or as one unit? If you are planning on selling them separately, how are they registered at Land Registry - one...
  10. What about all those new BTL landlords who want...

    What about all those new BTL landlords who want to use their pension pots to buy properties? These new rules would make it highly unattractive, therefore less housing stock for the rental market.
  11. If you don't have the money to do the repairs,...

    If you don't have the money to do the repairs, then don't buy it.
  12. I have read the lease in depth and it is very...

    I have read the lease in depth and it is very poor. Service charges are not charged in advance as I thought (although the MA have been doing this) and only repairs are mentioned which are to be paid...
  13. I think you would not have a strong case For...

    I think you would not have a strong case For charging someone who participated in the original purchase. Most likely he will fight it and it is better to avoid unnecessary legal battles. Costly for...
  14. MA asking for additional funds for repairs as no more money in the SC.

    Basement flat sustained water damage which insurance are refusing to pay (unsure if the MA have even submitted a claim). The owner got a quote of £1250 to do works after MA quote was £2250.

    MA is...
  15. Did you sign a participation agreement when you...

    Did you sign a participation agreement when you bought the freehold?

    If you didn't clarify it at the start then theoretically you could charge, but ask your self is it worth the trouble and is...
  16. Thread: Time to Sell Up

    by bbva
    Replies
    7
    Views
    345

    Put them up at auction for a quick sale.

    Put them up at auction for a quick sale.
  17. ? Hoarder - the flat could be in the same state. ...

    ? Hoarder - the flat could be in the same state. Enviromental health needed.
  18. Replies
    5
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    307

    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...
  19. You need a good leasehold solicitor and apply to...

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

    by bbva
    Replies
    4
    Views
    325

    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...
  21. Replies
    4
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    227

    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...
  22. Replies
    4
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    227

    Your answer will lie in your articles.

    Your answer will lie in your articles.
  23. Replies
    4
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    343

    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,...
  24. Replies
    16
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    1,652

    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...
  25. Replies
    6
    Views
    228

    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...
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