As the secretary of our residents’ association, I am required to fill in a ‘leasehold property enquiries questionnaire’ issued by the sellers’ solicitors when a flat comes up for sale. My question is…. what is a reasonable fee for filling in this form,? I have been charging £125.00 plus £40 for the notice of assignment charge. am I right to charge this fee, the form does not ask a figure for filling in, only a box provided for the notice of assignment fee.
Hoping you can put me right on this, I do not want to be breaking any law.
The FPRA replies:
The normal charge from a Solicitors/Managing agents can be and up to £450 for this type of completion certificate, I would recommend therefore that the fee indication of £165 should be increased to no more than £250.”