9:26 AM, 4th February 2022, About 4 months ago 6
We invested in 2 units in a block of student accommodation being built 8 years ago, and the investment has been fraught with problems.
We owe some ground rent to the freeholder, as for the first time without warning they are demanding the ground rent in advance for this year.
They have ‘passed’ the debt to PDC Property Debt Collection Agency who have managed to increase the debt on each unit from £250 up to £1075.00 per unit by adding Late Payment Fees, Client Admin Fees, Referral Fees, PDC Instruction fees, PDC Additional costs.
Are they allowed to do this?
We have had no warning that this would be passed to them from the Freeholder or any statement of possible charges etc. and barely a week to sort this out before their client takes further action ‘which could include possession’.
Any advice on how to tackle this would be much appreciated.
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