mark weedon
mark weedon
Registered with Property118.com
8th April 2014
Total Posts
0
Total Comments
36
Registered with Property118.com
8th April 2014
Total Posts
0
Total Comments
36
23rd January 2026, 3 months ago
If the properties are converted akready with their own elec and gas supplies and seoerate council tax rating this should be realativelt straight forward. You will need a solicitor to draw up the leases and someone to draw up the...
Read More →13th August 2025, 8 months ago
Hi How many flats are in the block? Is the flat on the ground floor? Build a case and get your broker to put the case to the insurer. If it's a block of 8 or more it shouldn't really...
Read More →20th January 2022, 4 years ago
Having been on both sides of the fence. I would extend now. The cost will be relatively low because you have over 80 years left on the lease. As for negotiating with the freeholder give him a ring then you...
Read More →4th October 2021, 5 years ago
Maybe you need to ask him how much he wants to go.
Read More →11th May 2021, 5 years ago
I would clarify the terms of your policy. I very much doubt it excludes malicious damage. It may exclude malicious damage by the tenant or limit the payment. Ask your broker to show you where in the policy oit excludes...
Read More →11th May 2021, 5 years ago
Your buildings insurance would normally include property owners liability cover which will provide some cover. It really depends on what exactly you are trying to cover. No insurance policy can provide cover for criminal fines but you can insure for...
Read More →15th April 2021, 5 years ago
Dependent on the fire damage it is likely the repairs will take 6 months plus in which time if you are insured correctly then the insurers will pay the loss of rent so it will only be the court fees...
Read More →25th February 2021, 5 years ago
There is always a solution that a good insurance broker will find. With my property owners hat on I would agree. Do you want to buy a problem?
Read More →20th January 2021, 5 years ago
Why sell any. What profit do you make now? Compare that to what you will make from three flats. With three flats you are more exposed to one void or one non paying tenant than with 10. You will probably...
Read More →4th September 2020, 6 years ago
The loss adjuster should have given you the option to receive either loss of rent or to pay for alternative accomodation. I would suggest the normal way would be for you to receive loss of rent from the insurers. Yoiur...
Read More →4th July 2020, 6 years ago
Herlix law also in Brighton are very helpful. You have two options. Either you increase the ground rent to make it worth your while and charge a lower sum for the lease extension or charge a peppercorn ground rent and...
Read More →30th June 2020, 6 years ago
There may also be a difference in the sum insured between your block and the other and differences in construction. once you have a copy of the insurance you will be able to make a more informed decision.
Read More →20th June 2020, 6 years ago
You need a majority of owners to participate. In your case 4. You don't all need to be directors (many are reluctant) you only need 1. Make sure you take out directors and officers insurance. Good luck.
Read More →16th June 2020, 6 years ago
get together with the other residents and form an RTM co and take over the management. If you don't want to manage it yourselves employ your own managing agent. As for the ground rent that will be specified in the...
Read More →20th March 2020, 6 years ago
You should also check your insurance covers you for this type of letting.
Read More →20th August 2019, 7 years ago
You should speak to your insurance company immediately.
Read More →18th June 2019, 7 years ago
It's not easy but you could form an RTM company and take over the management of the block. We have flat which First Port manage and lets just say they are not very good.
Read More →7th November 2018, 7 years ago
This is alwayd the problem if you deal direct with an insurance company. Find a good broker and he will do the work for you usually at a better price.
Read More →24th October 2018, 7 years ago
I imagine the lease gives the freeholder the right to appoint whoever he chooses to manage the property. It sounds to me as it is convenient excuse and he has no interest. The RTM will put the lessees in control...
Read More →23rd October 2018, 7 years ago
It might be worth trying to contact the freeholder directly to see if he would sell or if he would agree to another agent being appointed. Sometimes freeholders just leave the managment companies to get on with it. We had...
Read More →Showing 20 of 36 comments