BNP Paribas is charging £220 subletting fee – for very little

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 […]

Sub-letting fees should not be more than £40, landlords are told (four times by the Land Tribunal)

This binding ruling by the Upper Chamber (Lands Tribunal) of January 2012 should be quoted in all correspondence where freeholders or their agents are demanding sub-letting fees of more than £40 plus VAT which are not specified in the lease Click here In monetary terms sub-letting fees are one of the more trifling little earners […]

It’s £850 for subletting … er, alright, I will take £100, says boss of Hallmark Developments

Meadow Park, by Hallmark Developments, may be lovely ... but £850 subletting fees indicate the worst excesses of retirement leasehold

An appalled reader who received an £850 subletting demand from the boss of Hallmark Developments has had the bill slashed to £100 after contacting LKP / Carlex. Paul Couchman, of Stapleton in Bristol, received the demand after renting out his mother’s two-bedroom flat at Meadow Court in Braintree, Essex. Under the terms of the lease, […]

Local authority is charging £20 and £75 subletting fees (pay up and count yourself lucky, says Leasehold Knowledge Partnership)

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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 […]

Prostitutes breach leasehold covenants concerning ‘persons of immoral life’

 By Jan Middleton With regard to the article ‘Panic at prostitutes results in £912 sub-letting fee demand’ article, Leasehold Knowledge Partnership readers may be interested in my own experiences at my leasehold estate this week. Concerns were raised with the police by a number of residents/leasehold owners – including me – that there was prostitution […]

Challenge to £100 leasehold subletting demand reveals nothing at all is owed

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The Leasehold Knowledge Partnership is frequently contacted for advice on freeholder’s try-on subletting demands. These include the subletting consent and the registration, and involve absolutely minimal bureaucracy by the freeholder and his managing agent. Yet charges are routinely £100 – £135, and then there are registration fees of around £75. Our advice to  leasehold owners […]

Troy Court £912 leasehold sub-letting fee cut by £400 thanks to LKP (with more to come?)

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The Kensington leasehold resident who faced a demand for a ludicrous £912 sub-letting fee for renting out her flat has had the sum reduced by £360, after contacting Leasehold Knowledge Partnership. The property manager Blenheims has conceded that Claire Jenkinson should not have been invoiced £360 (inc VAT) for the freeholder’s undefined legal expenses. It […]

£912 sub-letting fee demanded at Kensington’s Troy Court – after prostitutes moved in

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Troy Court in Kensington High Street – one of the most desirable addresses in the country – has been so plagued by unwelcome tenants, including prostitutes, that it is making flat owners pay eye-watering sub-letting fees that in one case amount to £912, including VAT. Claire Jenkinson is so incensed by the “astronomical” demand passed […]

Anchor Trust upsets retirement residents by allowing sub-letting – where the lease prohibits it

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UPDATE APRIL 5, 17.51: In a statement justifying its policy, Anchor refers to the Office of Fair Trading report which stated that “terms in long leases preventing sub-letting have potential for unfairness” and that “permission [to sub-let] should not be unreasonably withheld”.  See below A curious dispute is brewing at our sister site Carlex over retirement developments owned and managed […]

Heirs of empty retirement leasehold flat now face doubled council taxes … on top of plummeting re-sale value, on-going service charges and an exit fee if it ever does sell

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A son trying to sell his deceased mother’s retirement leasehold flat has been told that he will have to pay double the council tax on the empty property. The flat has fallen foul of Chester’s efforts to penalise owners of empty properties so that they are brought back into use – and increase revenues for […]

Small claims court exit fee battle fails … but it has cost Fairhold thousands

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Susan Wood (left) failed in her court struggle earlier this week to be reimbursed the £1,150 in exit fees paid when her late father’s retirement leasehold flat was sold in 2010. Wood, a long-standing activist with the Campaign Against Retirement Leasehold Exploitation (Carlex), argued that as the fee was for a service that was not […]

Leasehold activist told OFT exit fee deal with Tchenguiz also includes Proxima

Leasehold concerns that the Office of Fair Trading’s deal with the Tchenguiz Family Trust over exit and sub-letting fees would be restricted to Fairhold, as indicated on the OFT’s press release of September 6 (see below)  appear to be unfounded. Carlex activist Alan Eadie has received a letter from the Tchenguiz Estate & Management yesterday […]

OFT cuts deal with Tchenguiz on leasehold retirement sub-letting fees, but exit fees on sale still stand

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The Office of Fair Trading has secured undertakings from Fairhold Homes Ltd and associated companies controlled by the Tchenguiz Family Trust to change how they charge retirement leasehold transfer fees at their 53,000 retirement developments. The OFT has been investigating exit fees, which are payable when a tenant sells or lets out their retirement home […]

Sub-letting leasehold flats should be around £40, LVT rules quoting precedent

Justin Hempson-Jones was more buffed up – legally speaking – than his landlord at the LVT

Leasehold Valuation Tribunals dealing with sub-letting issues are referring to the precedent established in February by the Land Tribunal by slashing landlords’ supposed administration fees. The fees have long been resented by leaseholders as the consent and registration of a sub-letting are regarded as simply a try-on by landlords, even though a charge of some […]

OFT to make ‘substantive announcement’ on exit fees in August

A letter to a Carlex activist (the Campaign Against Retirement Leasehold Exploitation) reveals that the Office of Fair Trading, whose seemingly interminable investigation into exit fees on sale of leasehold retirement properties has lasted three years, will be making a “substantive announcement” in August. The news comes in a letter of July 11 from Martin […]

Shapps: ‘I have not ruled out making changes to leasehold’

Housing minister Grant Shapps has ruled out statutory regulation of the leasehold sector, but may well introduce measures to improve Leasehold Valuation Tribunals. Furthermore, an announcement on the fraught issue of “exit fees” in the leasehold retirement sector, which are payable when a flat is sold, can be expected soon. These have been the subject […]

Sub-letting: LKP trials a simple scheme that benefits all

Around forty quid is what you should be paying for leasehold sub-letting fees to landlords, following this case in February 2012. Invariably, sub-letting fees are seen as a little earner by landlords, although for the large landlord companies the £100-£130 fees, plus £75 for registration add up to a tidy sum. Leasehold flat owners renting […]

Attack on OFT over exit fees

Hanover housing association, which manages 17,000 retirement properties, attacks Office of Fair Trading for its bungling three-year investigation into exit fees   OFT: Fancy logo and generous budget, but what does it actually do? The Hanover Housing Association, which manages 19,000 retirement properties, has issued a devastating criticism of the Office of Fair Trading for […]