How to address loss of income from car parking space?Make Text Bigger
We own a flat, with underground car park, which we let out (independent of the flat) as most of the tenants do not have a need for parking space, since the property is close to offices and lots of public transport.
We were recently informed by the managing agent of the block (we later found out that this was on the instruction of the directors of the RTM company) that letting out the parking spaces (to non-residents of the flats) will no longer be allowed. They cite the fact that they a) have experienced problems from some of the renters of such spaces and b) that subletting the spaces is a breach of the Lease (which is debatable).
I have written to the directors of the RTM, expressing my dissatisfaction with the intended exercise (they have not responded as yet) and wonder what else I should be doing to stop them from implementing this plan?
Does anyone have similar experience, and if so, how was it resolved?
We have owned our flat (and the parking space) from when the property was built, more than 15 years ago, and this matter never came up the entire time.
We spent a lot of money to buy the car parking space when we bought the flat, which most flat owners do not have.
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