When it comes to maintaining a block of flats, few topics create as much debate as major works and reserve funds.
Browsing: Major Works
Whether it’s a burst pipe, a faulty lift, or a leaking roof, reactive maintenance tackles immediate problems as they arise.
The main legislation relating to major works is Section 20 of the Landlord and Tenant Act 1985.
Internal redecorations are essential not just for aesthetic enhancement but for maintaining and increasing property value.
Many leaseholders are experiencing substantial increases in the service charges demanded by their landlord.
Major works can come with frustrations for landlords, managing agents and leaseholders. In the worst cases, major works are unpredictable.
Gareth Lomax offers some expert advice on how to undertake a major works project of your lift.
Navigating leasehold properties can feel like a daunting task, especially when it comes to major works and service charges.
For flat owners and RMCs, effective planning and budgeting for major works projects involve a combination of financial prudence, legal compliance and clear communication.
As leaseholders, you need the assurance that major works are necessary, being carried out by suitable professionals, and for a fair price.