LandlordZONE

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Dec, 2014

Sunday

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  1. Replies
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    The only option I can see is that you sound proof...

    The only option I can see is that you sound proof your own flat. Legally, there is no way as far as I know to force your neighbour to sound proof their flat.
  2. I can't agree more but, unfortunately, I am...

    I can't agree more but, unfortunately, I am dealing with 4 other leaseholders who don't appreciate the wider implications if we don't collectively buy the freehold. They find it very convenient to...
  3. Thanks Leaseholdanswers, I now understand. So...

    Thanks Leaseholdanswers, I now understand.

    So should it work better for us if we act ahead of the freeholder and serve notice on him under enfranchisement so we have more control over the price...
  4. Thank you for your help. Please can you expand on...

    Thank you for your help. Please can you expand on what you mean by "not under first refusal unless he makes that a term of the offer notice". I am not sure I understand. I thought this process was...
  5. I agree and that's exactly my concern. But before...

    I agree and that's exactly my concern. But before he can do anything, has he not got to serve a Section 5 notice and give us 2 months and 1 week to respond? So we will know for sure if he really...
  6. They're broadly happy to buy the freehold for a...

    They're broadly happy to buy the freehold for a token (there is enough interest to reach the 50% threshold), but I don't think they realise the potential implications on service charges and I haven't...
  7. No, there aren't any.

    No, there aren't any.
  8. Yes I was thinking that the only type of external...

    Yes I was thinking that the only type of external purchaser of the freehold could be one who wants to make money by charging us high service charges and that's my fear. We would then need to...
  9. Issue with leaseholders collectively buying the freehold

    My freeholder has informally approached all leaseholders (we are 5 of us in the building) to inform us of their intention to sell the freehold. All leases have been extended to reach 160+ years...
  10. Replies
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    2,259

    Thanks. Should I push for the 71 years flat to...

    Thanks. Should I push for the 71 years flat to extend their lease prior to the freeholder selling the freehold? That way it will be cheaper for us to buy the freehold?

    At the end of the day, the...
  11. Replies
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    Essentially, 4 flats have ground rent of a...

    Essentially, 4 flats have ground rent of a peppercorn (as leases have been extended) and 1 flat pays £100 per annum. The lease extension for the 71 year flat is around £50k. The property is located...
  12. Replies
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    I had a chat with the freeholder earlier. He...

    I had a chat with the freeholder earlier. He definitely wants to sell the freehold and has been approached by an external investment company keen to buy. He knows that by law he must offer the...
  13. Replies
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    2,259

    Thanks again for your help. What's the FTT?

    Thanks again for your help. What's the FTT?
  14. Replies
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    2,259

    Thank you. My concern is that I paid a premium...

    Thank you.

    My concern is that I paid a premium 2 years ago to extend my lease by an additional 90 years, so I now have 161 years unexpired. If now I want to buy the freehold (to share with at...
  15. Replies
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    Freeholder is selling the freehold

    Hello

    I have heard that my freeholder is looking to sell the freehold. The building is made up of 5 self contained flats, each individually owned on a long lease. The freeholder does not own any...
  16. Replies
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    1,004

    That's what I have done and I also furnished my...

    That's what I have done and I also furnished my freeholder with a copy of my letter to the next door's surveyor.
  17. Replies
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    mk1fan, The freeholder of the building where I...

    mk1fan,

    The freeholder of the building where I live is different from the one who owns the building next door and which is to be extended. So my understanding is that the freeholder of my building...
  18. Replies
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    Thanks for your responses. I sent an email to my...

    Thanks for your responses. I sent an email to my freeholder this morning and am awaiting a reply. It really sounds to me like this is for my freeholder to deal with. All leaseholders have received...
  19. Replies
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    Party wall issue

    Hello,
    I own a long lease on a flat (163 years remaining) in a victorian converted building. I know the freeholder who lives at a different address and all 5 flats in the building are owned by...
  20. No, your property purchase is independent from...

    No, your property purchase is independent from the lease extension. They are two separate transactions. You first buy the lease as it currently stands (70 years remaining) and extend once the...
  21. There is a way to not wait for 2 years before...

    There is a way to not wait for 2 years before extending the lease. Get your vendor to serve notice (section 42) to the freeholder in between exchange and completion with a clause on the contract...
  22. Replies
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    Audit fees in service charges

    My freeholder includes audit fees in the annual service charge invoice on the grounds that there is a requirement to audit the income and expenditure relating to the management of the property.

    Is...
  23. Replies
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    4,108

    You cannot stop people having a terrace because...

    You cannot stop people having a terrace because your privacy would be affected. It is up to you to put up whatever is necessary to maintain your privacy. Don't go down this route with the council, it...
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    You can try and report to the council that you...

    You can try and report to the council that you are concerned about the potential risk of vegetation planted in containers falling down and causing damage due to wind or other hazards. The...
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    Well if you don't put up any structures and don't...

    Well if you don't put up any structures and don't do any works to get a proper terrace, then effectively you are simply walking on your roof. Why can't people have the right to walk on their roof if...
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