LandlordZONE

23

Jul, 2016

Saturday

Search:

Type: Posts; User: DNM2012; Keyword(s):

Page 1 of 18 1 2 3 4

Search: Search took 0.02 seconds.

  1. The landlord has to comply with the HMO...

    The landlord has to comply with the HMO regulations, and your local authority is the place to start.

    Look up HMO on their website. There will be minimum room sizes, minimum...
  2. Assuming it was a statutory lease extension, you...

    Assuming it was a statutory lease extension, you can challenge the reasonableness of the FH legal fees at the FTT.

    But to be honest they don't sound particularly unreasonable.
  3. Replies
    10
    Views
    441

    I would say letting is allowed, including short...

    I would say letting is allowed, including short lets with the FH permission(which shouldn't be unreasonably withhold).

    I think it has been established that letting a property is not the same as...
  4. Replies
    8
    Views
    308

    A statutory lease extension will cost you in the...

    A statutory lease extension will cost you in the region of £11-12k plus legal fees(£3-4K estimate)
    This will give you an additional 90 years and zero ground rent, and will be a better option if you...
  5. Replies
    8
    Views
    308

    We can give you a better idea if you state the...

    We can give you a better idea if you state the existing ground rent and value of the property.

    As you state you may like to purchase the FH in future then the statutory route may be better.

    Has...
  6. Replies
    20
    Views
    769

    Err post 3🤔

    Err post 3🤔
  7. Replies
    16
    Views
    510

    Yes on further digging I found cousins mentioned.

    Yes on further digging I found cousins mentioned.
  8. Replies
    16
    Views
    510

    I think cousins are pushing the definition of a...

    I think cousins are pushing the definition of a single family, the legislation goes so far as mention Aunts, Uncles and Step children.

    As suggested only the local authority can give you a...
  9. Replies
    3
    Views
    235

    That is a standard notice that the FH is legally...

    That is a standard notice that the FH is legally obliged to serve on leaseholders if he is selling the freehold interest.

    If you aren't interested then do nothing, after 2 months have passed then...
  10. Replies
    18
    Views
    1,180

    See section 3.29 I base this on the two...

    See section 3.29

    I base this on the two tribunal applications I've been involved in too, FTT directions instructed all 'interested parties be informed' that to me includes mortgagees and other...
  11. Replies
    18
    Views
    1,180

    Ram you quote this every so often, but as part of...

    Ram you quote this every so often, but as part of the FTT procedures all interested parties are informed, at this stage if there is a mortgage involved then the lender will step in and either settle...
  12. Replies
    157
    Views
    9,058

    You need to read both leases from start to finish...

    You need to read both leases from start to finish to establish what your obligations as both FH and LH are, but is very likely you as FH insures the whole building.
  13. Replies
    157
    Views
    9,058

    You need to read the whole of both leases. ...

    You need to read the whole of both leases.

    This will set out the leaseholders responsibilities and the freeholders responsibilities.

    Normally the FH will be responsible for maintaining,...
  14. Replies
    157
    Views
    9,058

    I think you need someone qualified to look at...

    I think you need someone qualified to look at both leases in detail. I think you may have defective leases.

    My interpretation is

    2) LH has to pay all taxes due on property eg Council Tax
    4)...
  15. The lender will be informed as part of the FTT...

    The lender will be informed as part of the FTT process. They'll probably only get interested once you have a determination of a breach in your favour.
  16. My understanding is that where a covenant...

    My understanding is that where a covenant expressly prohibits something, consent cannot be given unless the lease is varied, in which case the other leases would need to be varied with the other...
  17. Replies
    16
    Views
    2,027

    A couple of points you need to understand are- ...

    A couple of points you need to understand are-

    1) The price is set in the section 5 notice. He cannot sell it on better terms for 12 months, unless he serves a new section 5 notice stating the...
  18. Replies
    16
    Views
    2,027

    Making the assumptions that both leases have 120...

    Making the assumptions that both leases have 120 years left, ground rent of £200 and are worth £350k each the cost of the FH will be in the region of £8-10k plus legal fees. There may be other...
  19. Replies
    16
    Views
    2,027

    Can you clarify if the FH has served an official...

    Can you clarify if the FH has served an official notice or not?

    If he is selling he needs to serve a section 5a notice(or section 5b notice if going to auction)

    You can get a rough idea what...
  20. Replies
    3
    Views
    249

    I would say in normal circumstances RTFR would...

    I would say in normal circumstances RTFR would apply to sale of headless but in this case-

    1) Only 50% of head lease is being offered, not sure what happens in this case, maybe there is some...
  21. Thanks JKO, it's an unusual situation, as I no...

    Thanks JKO, it's an unusual situation, as I no longer have any contractual relationship with the LH or own the FH. The new FH is the LH so they'd have to take themselves to the FTT for determination,...
  22. Replies
    6
    Views
    356

    The rules for houses are different to flats. ...

    The rules for houses are different to flats.

    Read the guide here- http://www.lease-advice.org/publications/documents/document.asp?item=15
  23. Challenging Administration Charges At FTT against a former freeholder.

    Can a leaseholder challenge an administration fee paid to a former freeholder?

    I used to own the FH to a property and successfully took action against a leaseholder for breach of lease at the FTT....
  24. Replies
    24
    Views
    1,425

    There are 3 exemptions to the statutory right to...

    There are 3 exemptions to the statutory right to a lease extension according to lease-advice.org

    1)Buildings within a cathedral precinct.
    2)National Trust Properties
    3)Crown Properties

    I am...
  25. Replies
    13
    Views
    2,313

    From the information supplied I would value the...

    From the information supplied I would value the FH at around £36k.

    Ultimately it is only worth what someone is prepared to pay for it, and it is worth more to the leaseholders than an investor.
    ...
Results 1 to 25 of 450
Page 1 of 18 1 2 3 4