Surely I am not the only landlord worried about new EPC requirements?9:44 AM, 17th February 2021
About A week ago 125
The freeholder of this residential block of 8 flats over commercial units (that exceeds 25% rules) have breached their covenants many times.
The freeholders have given a long lease to their own LTD X (same shareholders) for the residential site of 8 flats and a court yard for parking.
5 of these flats have now been sold without any car parking and 3 remained in the LTD X name. This LTD X has let their own 3 flats on HMO basis, contrary to the lease that prohibits HMOs. There are also many other breaches. The court yard which is defined in the lease as a residential car park is being used commercially with heavy lorries moving in and out.
The managing agents chosen by the freeholders and together are frightening to deal with. They have now demanded substantial sums of money from all the lessees to repair the roof etc. and despite our many objections are pushing forward.
Is there any one that can assist?
Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.
Our mission is to facilitate the sharing of best practice amongst UK landlords, tenants and letting agentsLearn More