Should I sell or risk tenants buying at undervalue price?9:08 AM, 25th September 2019
About 3 weeks ago 48
We own a 2 bedroomed leasehold flat which we have had for ten years with very few issues over the years. However the freeholder has appointed a company to take over the leasehold management of the development and are chasing us to obtain consent for any subletting of the property – until we get actual consent from the leaseholder we are supposedly in breach of the lease. They want to charge us £130 for gaining consent for every new tenancy, and £65 for every extension to a tenancy agreement. Plus they want details of every tenancy throughout our 10 year ownership and to charge £45 for every retrospective tenancy.
They state that there is a clause in the lease that requires us to request consent to sublet/let the property which obviously we were not aware of.
Whilst we look into the small print in our original lease has anyone had experience of leaseholders requiring consent to be given before being able to let out the property and charging fees to get the consent? And/or would they have the right to charge retrospectively?
We own a number of flats and are now concerned we are going to have additional costs to factor in if this is a feature in all our leases!
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