The reality is that service charges are increasing due to factors largely outside the control of managing agents.
Browsing: leaseholders
Rising premiums have affected many, particularly those living in residential blocks with unresolved safety concerns.
A step-by-step guide to help leaseholders navigate the process effectively, ensuring a smooth transition to right to manage.
When residents choose to take control of a block of flats, it is commonly done in one of two ways: Right to Manage or Enfranchisement.
If leaseholders and freeholders choose to neglect their maintenance or cleaning responsibilities then serious legal consequences may follow.
Understanding the implications of service charges, maintenance contracts, and QLTAs is critical for landlords to avoid legal disputes, meet their obligations under lease agreements, and maintain positive relationships with leaseholders.
Major works can come with frustrations for landlords, managing agents and leaseholders. In the worst cases, major works are unpredictable.
For flat owners and RMCs, effective planning and budgeting for major works projects involve a combination of financial prudence, legal compliance and clear communication.
If you receive a service charge statement that you believe to be unjust, or if you think the works you’re being charged for were not carried out to the correct standard, there are steps you can take to challenge your landlord and potentially reduce the costs.
Comments from Scott Goldstein, Partner at Payne Hicks Beach: ‘Politically, the Government’s failure to end…