Service Charge

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Q: I can confirm that 11 leaseholders (myself included) out of a total of 27 leaseholders have already extended their leases. As far as I know all these extensions were granted pursuant to the LRHUDA 1993 and, therefore, carry a peppercorn ground rent. It has been the policy of the company not to charge a […]

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Yearly maintenance fee

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Q: We have a situation that has arisen which the residents’ association is unsure about. At the last bi-annual meeting it was agreed by three directors that the yearly maintenance fee should be increased by £500 per year to cover the costs of the redecoration bill (to be done in 2017) as well as cover […]

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What Fees Can We Charge?

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Q: Could you offer guidance as to the fees that can be charged by ourselves as managers during a lease transfer? During recent sales we have been approached by existing owners, their solicitors, the buyer’s solicitors, and on occasion by the buyers themselves, seeking lease and property details. The requests have been by email, telephone, […]

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