Topic: | Reply | |
Posted by: | Michael Ixer | |
Date/Time: | 28/02/24 14:00:00 |
Andy. I think it's probably true that insufficient due diligence has been carried out by many purchasers' solicitors - and also some managing agents have allowed some blocks to be inadequately maintained over the years meaning it cames as a nasty shock when work can no longer be postponed. (Remember, the managing agents are appointed by and work or the freeholders even though the leaseholders pay their charges, an anomalous situation.) It sounds like Wandsworth are relatively benign landlords. Others are just greedy and selfish - I won't go into details but they use lawyers to frustrate leaseholders' rights and bocks are often sold to offshore companies with faceless owners. The company owning the freehold of my mother's flat in Essex was Chinese, although fortunately it was easy to sell when the funds were needed for care home charges. In my opinion a regulator similar to the financial services one is needed - after all, property is often someone's biggest investment and needs to be protected from abuse in the same way as pensions or other savings. Even jointly owning a block with other leaseholders has issues: there may not be agreements on work needed, there's often a reluctance to enforce lease obligations against leaseholders (such as mandatory carpeting or noise proof floors) and many management companies are still lackadaisical not understanding they now work for the leaseholders who are also the block's owners! (And I heard of one instance where the agents tried to run off with the service charge funds.) |
Topic | Date Posted | Posted By |
Leasehold & Freehold (Reform) Bill | 27/02/24 18:41:00 | Martine Guy |
Re:Leasehold & Freehold (Reform) Bill | 27/02/24 19:04:00 | Barbara Stevens |
Reply | 27/02/24 21:31:00 | Martine Guy |
Re:Reply | 27/02/24 21:38:00 | Barbara Stevens |
Reply | 28/02/24 01:45:00 | Michael Ixer |
Re:Reply | 28/02/24 05:31:00 | Ed Robinson |
Re:Re:Reply | 28/02/24 08:14:00 | Andy Pike |
Reply | 28/02/24 09:13:00 | Martine Guy |
Re:Reply | 28/02/24 09:32:00 | Andy Pike |
Re:Reply | 28/02/24 09:21:00 | Barbara Stevens |
Re:Re:Reply | 28/02/24 09:40:00 | Barbara Stevens |
Reply | 28/02/24 10:24:00 | Martine Guy |
Re:Reply | 28/02/24 10:45:00 | Barbara Stevens |
Reply | 28/02/24 10:31:00 | Michael Ixer |
Re:Reply | 28/02/24 10:40:00 | Barbara Stevens |
Re:Re:Reply | 28/02/24 10:49:00 | Andy Pike |
Reply | 28/02/24 11:01:00 | Martine Guy |
Re:Reply | 28/02/24 11:15:00 | Andy Pike |
Reply | 28/02/24 12:01:00 | Michael Ixer |
Re:Reply | 28/02/24 13:20:00 | Andy Pike |
Reply | 28/02/24 14:00:00 | Michael Ixer |
Re:Re:Re:Reply | 28/02/24 15:32:00 | Barbara Stevens |
Reply | 28/02/24 11:23:00 | Michael Ixer |
Reply | 28/02/24 13:45:00 | Martine Guy |
Reply | 28/02/24 13:51:00 | Martine Guy |
Re:Reply | 28/02/24 15:37:00 | Barbara Stevens |
Re:Re:Reply | 28/02/24 16:18:00 | Michael Ixer |
Re:Reply | 28/02/24 15:30:00 | Barbara Stevens |
Re:Re:Reply | 01/03/24 13:56:00 | Lucille Grant |
Reply | 01/03/24 15:08:00 | Martine Guy |
Re:Reply | 01/03/24 15:23:00 | Philippa Bond |
Reply | 01/03/24 16:03:00 | Martine Guy |
Re:Reply | 01/03/24 19:39:00 | Ed Robinson |
Re:Re:Reply | 03/03/24 07:51:00 | Philippa Bond |
Reply | 03/03/24 20:09:00 | Martine Guy |
Re:Reply | 03/03/24 22:29:00 | Philippa Bond |
Reply | 03/03/24 22:48:00 | Michael Ixer |
Re:Reply | 29/03/24 15:13:00 | Philippa Bond |
Re:Re:Reply | 03/03/24 23:23:00 | Ed Robinson |
Reply | 24/03/24 11:53:00 | Martine Guy |
Re:Reply | 24/03/24 14:10:00 | Lucille Grant |
Reply | 24/03/24 14:39:00 | Martine Guy |
Reply | 27/03/24 15:20:00 | Martine Guy |
Re:Reply | 27/03/24 16:54:00 | Andy Pike |
Reply | 27/03/24 20:47:00 | Michael Ixer |
Re:Reply | 30/03/24 12:27:00 | Ed Robinson |
Re:Re:Re:Reply | 29/03/24 21:14:00 | Elizabeth Balsom |
Re:Re:Re:Re:Reply | 31/03/24 23:09:00 | Philippa Bond |