Can anyone advise? I own a leaseold property. Recently, I found out that the existing freeholder sold the freehold of the property I own the lease in but they did not tell me. Now the new Freeholder is seeking to charge what we believe is an unreasonable charge for insurance.
Had the Freeholder told us that they were disposing of the freehold then we have ben interested in purchasing the freehold but, the fact they did not and we were unaware of any change until we received a demand from the new owners and had to write to the previous for clarification.
We thought that there was an obligation on the Freeholder to inform the lease owners of their intention to sell an offer them the first right to purchase ? Is this correct ?
Two further questions:-
a) can some one knowledgeable advise what our rights are ? as a consequence of the previous freeholders actions we lost out on the right to purchase freehold and now face increased costs ?
b) can we dispute the charges, If so do we need to pay first, then dispute to avoid action from the new freeholder or should we inform them that payment is pending resolution of any dispute via the LVT ?
We are a reasonable tennant but now feel cheated and about to be ripped off.
Any and all advice is appreciated. Thanks