LandlordZONE

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Aug, 2015

Saturday

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  1. Thread: Herding Cats

    by bbva
    Replies
    25
    Views
    3,217

    As your fellow leaseholders are indecisive, I...

    As your fellow leaseholders are indecisive, I would highly recommend getting a participation agreement. It will set out exactly what you will all pay so no arguing later down the road.
  2. Replies
    15
    Views
    1,280

    You have to inform the freeholder that you will...

    You have to inform the freeholder that you will be subletting and will have to pay for their permission.
  3. There is no need or legal requirement for you...

    There is no need or legal requirement for you all to extend at the same time as long as you dont change anything else in the lease. Extend the three that want to and the fourth flat can extend...
  4. Thread: Herding Cats

    by bbva
    Replies
    25
    Views
    3,217

    JK0, The freeholder cannot recover legal fees...

    JK0,

    The freeholder cannot recover legal fees if it goes to the FTT
  5. Thread: Herding Cats

    by bbva
    Replies
    25
    Views
    3,217

    Most freeholders avoid the FTT for freehold...

    Most freeholders avoid the FTT for freehold enfanchisement as they are responsible for their own legal fees and JKO would not need a solicitor as he has been there before. We are in the process of...
  6. Thread: Herding Cats

    by bbva
    Replies
    25
    Views
    3,217

    Outside the Act you are pretty much at the...

    Outside the Act you are pretty much at the freeholders mercy. If you are that far off I would seriously consider the statuatory route. That way they are bound by time limits and you can appeal at...
  7. Thread: Herding Cats

    by bbva
    Replies
    25
    Views
    3,217

    Very doubtful that the freeholder will budge from...

    Very doubtful that the freeholder will budge from his initial figure if you act outside the Act. How far are you apart in £'s?
  8. Thread: Extension

    by bbva
    Replies
    18
    Views
    2,155

    Obviously a terrace for you!

    Obviously a terrace for you!
  9. Thread: Extension

    by bbva
    Replies
    18
    Views
    2,155

    Why not consider a roof terrace on top of their...

    Why not consider a roof terrace on top of their kitchen extension?
  10. Replies
    6
    Views
    240

    If you change the service charge percentages, you...

    If you change the service charge percentages, you have to get a Deed of Variation. You cannot rely on written consent as it is not enforceable. Our previous SC were based on Rateable Value. We...
  11. Do remember that the price that you pay for the...

    Do remember that the price that you pay for the freehold will be a lot less than those who have not extended their leases. I am in a similar situation being the only leaseholder in a block of 5 who...
  12. Tell EDF the name of the freeholder and his...

    Tell EDF the name of the freeholder and his address and get the bill sent to him and let him sort it out.
  13. Amount receivable is the total amount you billed...

    Amount receivable is the total amount you billed everyone regardless if they have over or undepaid.

    There should be another section for creditors and debtors.
  14. Replies
    9
    Views
    438

    It sounds like tenant was in the loft and fell...

    It sounds like tenant was in the loft and fell through the ceiling
  15. Replies
    22
    Views
    2,232

    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?
  16. Replies
    13
    Views
    2,689

    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...
  17. Replies
    20
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    3,703

    Get the details from the sellers solicitors.

    Get the details from the sellers solicitors.
  18. 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.
  19. 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...
  20. 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...
  21. 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
  22. Replies
    22
    Views
    1,449

    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.
  23. 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...
  24. 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.
  25. 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.
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