The accounts and management are a joke?

The accounts and management are a joke?

11:41 AM, 18th June 2021, About 4 years ago 23

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I have held the lease on my first floor flat for the past 21 years, extending it in 2013. The Freeholder owns and lets out the ground floor flat. I have struggled with the Freeholders approach to managing my Lease. Standing charges include a peppercorn rent, £100 paid toward the Maintenance Fund and 50% of the building Insurance.

The ‘accounts’ are a joke and I often have to correct them, the Management Fund is supposed to be kept in a separate account and any interest added. Interest has NEVER been added to the account.

I have been waiting 13 years for external brickwork repairs, first proposed by the Leaseholder in 2008. Other repairs have been completed (without Section 21 being followed). I have only had sight of the Full Buildings Insurance Policy once. I have seen the full information given to the Insurance Company by the Freeholder on just three occasions, each time the information has been incorrect.

I have raised my concerns, but the Freeholder assures me that the building is adequately insured, however nothing in the Policy states that the building is insured as two s/c flats other than both flat addresses appear on the policy. When I write to the Freehold raising my concerns, I am either dismissed or ignored.

At present, I am about to serve a Notice of Intent at the end of June to take my concerns to Court as a Breach of Contract to try and get my Freehold to uphold her responsibilities.

Any advice would be most welcome.

Terri


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BernieW

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12:03 PM, 18th June 2021, About 4 years ago

TERRI DAVIS

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12:24 PM, 18th June 2021, About 4 years ago

Reply to the comment left by BernieWales at 18/06/2021 - 12:03
If only!!!!

DGM

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13:29 PM, 18th June 2021, About 4 years ago

I have a similar problem but I don't think RTM applies to converted flats.
I own two out of 4 converted flats, the freeholder owns the other two. No maintenance has been carried out in over 6 years. When I bought the first flat I refurbed and painted the common areas to make it look clean.
Can I do a RTM, but then I would still be battling with the freeholder, when serving a S21 for repairs and cost to be split by the lease owners, I own 2 he owns 2.

BernieW

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14:25 PM, 18th June 2021, About 4 years ago

I can help you with it, Terri. Email me or message via my website.

JOE BLOGGS

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17:37 PM, 18th June 2021, About 4 years ago

Reply to the comment left by BernieWales at 18/06/2021 - 14:25
Hi Bernie
Not sure if within your expertise, but what happens to lease of house and common parts when house only is enfranchised i.e. becomes freehold? does it merge into FH or subsist, or something else?
Thanks in anticipation.

Ian Simpson

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7:09 AM, 19th June 2021, About 4 years ago

No idea what RTM is. I have two 125year leasehold flats bought in 2004 so currently 108 years. When does one approach the freeholder for a reset...? this is SIMARC , a rather notorious freeholder...!!
Also, I seem to remember some significant change to the law surrounding leaseholds happened last year, though I suspect this won't change anything for existing leaseholds. Bernie, could you comment please, as you seem to be an expert in this sort of thing. Thanks

TERRI DAVIS

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7:54 AM, 19th June 2021, About 4 years ago

Reply to the comment left by BernieWales at 18/06/2021 - 14:25
Is your expertise dealing with RTM? This path would not be effective as I would still be dealing with the same incompetent freeholder, or are you suggesting a different path?

Ron H-W

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10:05 AM, 19th June 2021, About 4 years ago

Reply to the comment left by BernieWales at 18/06/2021 - 12:03
Bernie, why not be more transparent and mention that this is simply a "plug" for a £35 package which you are trying to market?

I quote: "My 'Fire Your Freeholder' Info Pack is available for just £35.00"

Note to Property118 management: Is such disguised marketing" allowed on this platform?

TERRI DAVIS

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11:08 AM, 19th June 2021, About 4 years ago

Reply to the comment left by Ron H-W at 19/06/2021 - 10:05
This thought did cross my mind, however no disrespect to Bernie for using the opportunity if allowed. I registered with this site as I was under the Impression that it was a forum to seek advice and learn from others experiences, so I will only be responding only via this discussion page

BernieW

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14:50 PM, 21st June 2021, About 4 years ago

Reply to the comment left by JOE BLOGGS at 18/06/2021 - 17:37
Joe - If a leaseholder purchases the freehold (in the same name) then the two titles should merge ... as you cannot be both parties to the contract.

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