13:31 PM, 25th May 2015, About 7 years ago 10
I have a leasehold flat in a house of total 5 flats which are managed by a small management company. Now I have a letter saying that the building needs to be redecorated and the roof needs to be changed as the freeholder requested resulting each flat to payuing £6200 . Which is fair enough if things go smoothly.
However, when I called the management company they said at the moment there are 2 flat owners are not be able to contacted yet. So they will serve section 20/21 notice …..
I was wondering if this could take months and if I paid now the money will be sitting there and no idea when the work will be started. Further more if the company went bankrupt that my money will be disappeared.
I wrote to say that I am happy to pay if all flats agreed and work confirmed to start. But I think they will serve me notice if I don’t pay by the dead line 1st June
Am I over worried?
Any comments will be much appreciated .