An email from a grateful reader: Hi Sebastian, Just a quick line to say that thanks to the advice on your website, I was able to reduce the consent/registration fee from £175 to £55, with regards to subletting our leasehold property.
What would you advise this woman, who called from Newcastle this morning about a flat at Kensington Hall Gardens, in West Kensington in London. She has been appointed power of attorney to her aunt, who is now in full-time care in a psychiatric hospital. The aunt owned a four-bedroom flat in West Kensington at Kensington […]
One of the properties i manage have recently send out subletting consent forms and advised that the charge of £220.00 + VAT would be payable once the form was received. The managing agents are BNP Paribas and the head lease states that they are allowed to charge a reasonable fee for subletting consent. We have […]
Has anyone had dealings with Deacon property management please? I’m hoping to buy a 1-bed flat in a two flat semi-detached in Brighton managed by them but the paperwork from the solicitors is turning up really high charges for year up to Sept 2014: 100 Ground rent 890 Service charge expenses 300 Building Insurance 100 Health […]
This is from Heather: Hi, I’d like to know a couple of things. We tried to buy a flat as a buy to let, we were later told the owner of the block had a clause saying properties could only be subletting after a deed of variation in the lease, for which we were told […]
This comment submitted by a leasehold owner living on the Edgeware Road in north London deserves wider prominence By Simin Eftekhari The comment at the beginning refers to this article immediately below: “They are in a converted bakery in an area of the town with anti-social issues and most of the owners are investors … or […]
Latest case study. Any suggestions for this leasehold issue: The Leasehold Knowledge Partnership has been contacted by the owners of 12 flats in a block of 24 in an unfashionable town in Northamptonshire. The flats have fallen in value to around £60,000. They are in a converted bakery in an area of the town with […]
Any thoughts from the LKP readership on this leasehold question? What is a reasonable fee for a freeholder to charge in processing a flat sale? In this housing association there may be procedures to confirm suitability of a purchaser for this type of housing. £250 all in would seem about the maximum to us.
Q&A from reader Please add views as comments When Haringey switched to an arms-length management organisation (Homes for Haringey) I figured it might improve the management of my two rented leasehold properties. But sadly all it meant was a £300+pa management fee slapped on top. In recent months their high service charges etc have irritated […]
Here is a question from a reader facing a large repair bill to upgrade the heating in a London leasehold apartment block, along with LKP’s reply. I wonder whether you or your associates might be able to advise on, or direct me to, any meaningful interpretation of the phrase “repair to a modern standard” In […]