LandlordZONE

18

Dec, 2014

Thursday

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  1. You've highlighted one of the downsides of owning...

    You've highlighted one of the downsides of owning a leasehold property! Unfortunately many tradesmen see work for maintenance companies and their agents as cash cows and charge accordingly and those...
  2. My wife and I bought a property with cash a few...

    My wife and I bought a property with cash a few years ago. When asked where the money came from we answered quite truthfully that it was part redundancy money, part pension lump sum, part inheritance...
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    510

    Personally I would take issue with the vendor for...

    Personally I would take issue with the vendor for not letting you know during the conveyance, however, as you can only limit your costs to £250 and they're only asking for £284 (cheap boiler...
  4. Try Cumberland Bulding Society. Their business...

    Try Cumberland Bulding Society. Their business section loans on on small blocks under one freehold but as a business mortgage of course, both for buy to let and even holiday lets.
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    Why don't you tell him that he can turn the water...

    Why don't you tell him that he can turn the water off for one hour only on a specified day to allow the fitting of suitable stop valves at his supply point(s) to his plumbing from the common supply...
  6. Thread: Holiday lets

    by Tipper
    Replies
    2
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    146

    There are no specific rules for holiday lets as...

    There are no specific rules for holiday lets as such. However if creating new dwellings then you will need planning permission and building regs approval if splitting up one building.

    One...
  7. It has taken us and eventually my neighbours (due...

    It has taken us and eventually my neighbours (due to a quirk of our leases se had to join forces and go collective as if flats) two years to gain the freehold!

    We then had to threaten FTT...
  8. I don't think that is what the lease says. I...

    I don't think that is what the lease says. I would suggest it means a new leaseholder must sign a deed to say they will uphold any covenants and pay all charges, etc.
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    It is certainly possible to buy the freehold of...

    It is certainly possible to buy the freehold of one house but there are sometimes problems. You would need to buy the leasehold and then use a legal method to enfranchise the freehold.
    Have a look...
  10. Thread: Development

    by Tipper
    Replies
    6
    Views
    334

    Near me a local charity development planned 5...

    Near me a local charity development planned 5 'affordable houses'. They included parking but their neighbours objected about the increased vehicle movements on an already difficult junction. They...
  11. If the loft is in your demise why is there a...

    If the loft is in your demise why is there a problem. The stairs could be considered a removable ladder?
  12. Buying a repossession is usually better value....

    Buying a repossession is usually better value. The one downside in my experience is that the historical deeds are lost.
  13. Oops. Sorry. I knew something needed approval! ...

    Oops. Sorry. I knew something needed approval!

    Still none of us is perfect.....
  14. 9m x 8.5m is pretty huge for a garden building. ...

    9m x 8.5m is pretty huge for a garden building.

    I suggest you check on the footprint allowed. I suspect it may not comply for permitted development which is a maximum of a double garage which is...
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    But isn't the enfranchisement claim deemed to...

    But isn't the enfranchisement claim deemed to have been withdrawn if not completed within a certain length of time? A matter of months iirc.
    After deemed withdrawal I thought the process had to be...
  16. On our leasehold house the...

    On our leasehold house the freeholder/headleaseholder ie landlord is responsible for the window frames and the leaseholder is responsible for the glass.

    Presumably this is because the...
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    Why not move to a better insulated flat or even a...

    Why not move to a better insulated flat or even a house? (No leasehold problems with a house!) This might be better than getting further wound up by your neighbour's noises.

    It might cost a bit to...
  18. Sorry to be dense but can you explain that a...

    Sorry to be dense but can you explain that a little more?

    Thanks
  19. Thanks guys, you are reflecting our own...

    Thanks guys, you are reflecting our own understanding. Unfortunately the man co board are being totally unreasonable and refusing to take any sensible advice.

    LHA- it's a bit more complex at this...
  20. Return of Sinking/Reserve Funds not being used

    Hi, our enfranchisement claim has progressed to the point where we now have the block freehold and are planning to merge our house leases to provide full individual freehold houses. (We were forced...
  21. I think Article 4 is to do with any planning...

    I think Article 4 is to do with any planning decisions in the conservation area and gives the planners additional powers.

    It may be that your authority has specified fences in their Article 4. I...
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    It's £250 per leaseholder, not a total cost of...

    It's £250 per leaseholder, not a total cost of £250.

    How many leaseholders involved?

    My lease says costs associated with meeting legal obligations are payable by the leaseholders. Does yours...
  23. From what I have read they have given permission...

    From what I have read they have given permission to sublet. End of subject. If the lease does not specify that repeated permission is needed then no such permission is required.

    Bluff it out, tell...
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    Buy the property as a freehold. Let the flats as...

    Buy the property as a freehold. Let the flats as you wish until you want to sell. When you sell one or both flats, create the leases at that time as part of the sale. No need to do it before...
  25. Yes, complicated. Counsel's opinion (and he...

    Yes, complicated.

    Counsel's opinion (and he co-wrote that well known book) sided with the freeholder amazingly but he also gave us the alternative route that we have followed. :(clap): It's just...
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