Apologies if these queries have been answered elsewhere. Recently, Goodlord hosted a webinar for Letting Agents during which they told them 1 Re pets- if you as a Landlord have an allergy to the animal in question, it will not...
For the sake of £47, why, as a tenant would you not challenge even a small increase in rent e.g. £10 pcm as you are still well in profit. The meagre application fee will do nothing to dissuade chancers. Don't...
Interesting that the tenants know the ( low ) fee they will pay if they challenge rent, yet the Landlords are still in the dark about the ( compulsory) database fee
Ian, thank you for the comment but initially I would always give it a try at £40 and hope for the best! Challenge it yes, but in terms of not paying, I agree that is not a viable option.
My answer is based on an article that appeared a few years' ago on another Landlord site regarding: Sub-Letting Licenses: (SOLITAIRE) LIMITED Appellant and CHERRY LILIAN NORTON and other cases [2012] Landlords of leasehold buy-to-let flats are often asked to...
If GRs are abolished, the City boys are already sniffing out the next big idea to replace GRs. See article below https://www.leaseholdknowledge.com/shared-ownership-immensely-complex-nothing-shared-when-it-comes-to-costs-clever-investors-scent-a-revenue-source-to-replace-ground-rents/
The problem is they are all in it together and they just cannot help themselves. From the solicitors who do not advise about the implications of an apartment that is already at the magic figure of £250pa at the point...
I just recall last year when GR was abolished for new leases. You would imagine that was fairly definitive wouldn't you but what did the Freeholders do but back date their Leases so they pre dated the legislation! Again, see...
As stated, there are five possible options and the one that suits Leaseholders will definitely not suit Freeholders. They won't take it lying down and will be looking to be recompensed somehow. See the figures quoted in the LKP article...
This has been an interesting and popular topic and we should all now look at the commentary from www.leaseholdknowledge.com ( Scroll down their page ) who have sent out two bulletins today regarding what is being debated at the moment....
Hopefully David, the OP will have enough material to inform any decision regarding his property. My own experience tells me these £250 ( England) /£1000 ( London ) GRs are a significant problem as future purchasers must be cash investors....
Reply to the comment left by Dylan Morris at 29/11/2023 - 14:47The overspend is always the same CCTV/ Security/ increased patrols re ASBO / AirBnB type behaviour and mechanical fault with lifts and the door systems. Attempts to get the...
In my case the rent reviews are every 10 years and the next is due in 2025. There is a formula but it is so complicated, predicting what the cost will be is impossible. Just had a yet another Section...
In my experience is is a problem on several counts. Anything over £250 and if it also has the potential to rise above that, creates an assured tenancy status and enhances a superior landlord's rights to take back the property...
I suggest you read this article as confirmation of the scandal about the excessive commissions being paid and then contact LKP about the best way forward re management. https://leaseholdknowledge.us5.list-manage.com/track/click?u=64b30367f746602d257d4117d&id=38d34b2508&e=89632044c6
The issue seems to be about when the lease was written- often when the land was purchased for development or when planning permission given. As it is backdated before the Act, companies are justifying it as a legal charge. See...
The answer to the original poster's question is in the Editor's answer. Was the lease written before the Act came into force, if so the demand for GR is not prohibited as I understand it. From what I have also...
Reply to the comment left by Tony Phillips at 05/07/2023 - 14:23It could. In our case we were granted accelerated possession but tenant didn't go so we applied for bailiffs. Court lost the papers and so we were told the...
We had a similar situation recently and corroborate Tessa's timescales. Now the Section 21 has proved ineffective, regardless of whether your tenant is on any Housing Association waiting list or refuses temporary accommodation, possession has to be achieved through the...
29th March 2026, 2 weeks ago
Apologies if these queries have been answered elsewhere. Recently, Goodlord hosted a webinar for Letting Agents during which they told them 1 Re pets- if you as a Landlord have an allergy to the animal in question, it will not...
Read More →26th March 2026, 2 weeks ago
For the sake of £47, why, as a tenant would you not challenge even a small increase in rent e.g. £10 pcm as you are still well in profit. The meagre application fee will do nothing to dissuade chancers. Don't...
Read More →26th March 2026, 2 weeks ago
Interesting that the tenants know the ( low ) fee they will pay if they challenge rent, yet the Landlords are still in the dark about the ( compulsory) database fee
Read More →5th August 2024, 2 years ago
Ian, thank you for the comment but initially I would always give it a try at £40 and hope for the best! Challenge it yes, but in terms of not paying, I agree that is not a viable option.
Read More →5th August 2024, 2 years ago
My answer is based on an article that appeared a few years' ago on another Landlord site regarding: Sub-Letting Licenses: (SOLITAIRE) LIMITED Appellant and CHERRY LILIAN NORTON and other cases [2012] Landlords of leasehold buy-to-let flats are often asked to...
Read More →12th December 2023, 2 years ago
If GRs are abolished, the City boys are already sniffing out the next big idea to replace GRs. See article below https://www.leaseholdknowledge.com/shared-ownership-immensely-complex-nothing-shared-when-it-comes-to-costs-clever-investors-scent-a-revenue-source-to-replace-ground-rents/
Read More →11th December 2023, 2 years ago
The problem is they are all in it together and they just cannot help themselves. From the solicitors who do not advise about the implications of an apartment that is already at the magic figure of £250pa at the point...
Read More →11th December 2023, 2 years ago
I just recall last year when GR was abolished for new leases. You would imagine that was fairly definitive wouldn't you but what did the Freeholders do but back date their Leases so they pre dated the legislation! Again, see...
Read More →11th December 2023, 2 years ago
As stated, there are five possible options and the one that suits Leaseholders will definitely not suit Freeholders. They won't take it lying down and will be looking to be recompensed somehow. See the figures quoted in the LKP article...
Read More →11th December 2023, 2 years ago
This has been an interesting and popular topic and we should all now look at the commentary from www.leaseholdknowledge.com ( Scroll down their page ) who have sent out two bulletins today regarding what is being debated at the moment....
Read More →8th December 2023, 2 years ago
BD1 refers to the post code of the development the poster was talking about.
Read More →8th December 2023, 2 years ago
Hopefully David, the OP will have enough material to inform any decision regarding his property. My own experience tells me these £250 ( England) /£1000 ( London ) GRs are a significant problem as future purchasers must be cash investors....
Read More →Reply to comment left by Dylan Morris at 29/11/2023 - 14:47
Reply to the comment left by Dylan Morris at 29/11/2023 - 14:47The overspend is always the same CCTV/ Security/ increased patrols re ASBO / AirBnB type behaviour and mechanical fault with lifts and the door systems. Attempts to get the...
Read More →29th November 2023, 2 years ago
In my case the rent reviews are every 10 years and the next is due in 2025. There is a formula but it is so complicated, predicting what the cost will be is impossible. Just had a yet another Section...
Read More →29th November 2023, 2 years ago
In my experience is is a problem on several counts. Anything over £250 and if it also has the potential to rise above that, creates an assured tenancy status and enhances a superior landlord's rights to take back the property...
Read More →31st July 2023, 3 years ago
I suggest you read this article as confirmation of the scandal about the excessive commissions being paid and then contact LKP about the best way forward re management. https://leaseholdknowledge.us5.list-manage.com/track/click?u=64b30367f746602d257d4117d&id=38d34b2508&e=89632044c6
Read More →8th July 2023, 3 years ago
The issue seems to be about when the lease was written- often when the land was purchased for development or when planning permission given. As it is backdated before the Act, companies are justifying it as a legal charge. See...
Read More →7th July 2023, 3 years ago
The answer to the original poster's question is in the Editor's answer. Was the lease written before the Act came into force, if so the demand for GR is not prohibited as I understand it. From what I have also...
Read More →Reply to comment left by Tony Phillips at 05/07/2023 - 14:23
Reply to the comment left by Tony Phillips at 05/07/2023 - 14:23It could. In our case we were granted accelerated possession but tenant didn't go so we applied for bailiffs. Court lost the papers and so we were told the...
Read More →4th July 2023, 3 years ago
We had a similar situation recently and corroborate Tessa's timescales. Now the Section 21 has proved ineffective, regardless of whether your tenant is on any Housing Association waiting list or refuses temporary accommodation, possession has to be achieved through the...
Read More →Showing 20 of 25 comments