Selling with a short lease can be overcome and this can increase the value and the marketability of a flat.
Author: Flat Living
Flat Living
At Flat Living we provide information and guidance from leading industry contributors for leaseholders, residents management companies, residents associations, Right to Manage Companies, Freeholders, Landlords and Property Managing Agents.
Can the new freehold company now allocate the carpark visitors spaces to residents?
There is much contradictory information on the web that suggests that we can’t charge admin fees unless they’re specified in the lease.
Buying a flat with a share of freehold usually means that the purchaser will receive a share in the landlord company.
People want to move to be nearer family, and this rolled up with being able to meet and mix with other people of similar age appeals to many.
It is estimated that there could be as many as 20,000 squatters in the UK and is more prevalent in domestic properties.
I own a flat in a block of six flats, five own a share of freehold and we have created a Ltd management company that we self-manage.
If your premises contain lifts and/or boilers and/or electrical or electronic machinery, cover is available to protect your RMC.
We have tried to start a Resident’s Association. Am I right in saying that we need 60% of the residents to form the association?
I recently put double glazed windows in my flat with my landlord’s consent. I have now received a bill for window replacement in my block. Do I have to pay?