Alistair Nicholls

Registered with Property118.com
Sunday 11th August 2013


Latest Comments

Total Number of Property118 Comments: 14

Alistair Nicholls

17:01 PM, 13th May 2014
About 6 years ago

Frustrating battle with freeholder over roof

As a leaseholder, you should have a lease which states rights & responsibilities. The person below your flat should be both a leaseholder and the freeholder. The solution to your problems lies in the detail of the lease you own.

I would expect your lease (and other leases for your building) to require each leaseholder to pay sums into a maintenance fund (typically a limited company), that has the legal duty to maintain the structure of the building (including repairing the roof). Typically each leaseholder would own one share in that maintenance company. With only two shareholders, I would expect you to have formal meetings to discuss and agree maintenance budgets and expenditure.

One potential problem is two shareholders; how is a decision made if the two shareholders vote against each other? Where is the casting vote?

The devil is in the detail of your lease. Sorry, but I don't think there is a cheap way to deal with this.... Read More

Alistair Nicholls

1:38 AM, 3rd March 2014
About 6 years ago

Bank of Ireland increase differential on tracker rates

Reply to the comment left by "Mark Alexander" at "02/03/2014 - 21:05":

Mark, do you mean ALL the over-payments? I will have over-paid £3,600 in the last year. If that is the average of the 300 mortgages, the litigation funder would receive £1.08 million! Doesn't sound quite right to me.... Read More

Alistair Nicholls

15:58 PM, 28th February 2014
About 6 years ago

Bank of Ireland increase differential on tracker rates

For those of you who've been sitting & waiting, be prepared to join in soon! This is looking very good; together we are very strong, on our own weak.... Read More

Alistair Nicholls

10:41 AM, 21st February 2014
About 6 years ago

Bank of Ireland increase differential on tracker rates

Reply to the comment left by "Mark Alexander" at "21/02/2014 - 10:39":

I am a paid up member. Just not been to the secure forum yet... Read More

Alistair Nicholls

10:37 AM, 21st February 2014
About 6 years ago

Bank of Ireland increase differential on tracker rates

Reply to the comment left by "ian " at "21/02/2014 - 10:22":

Is there a Bank of Ireland meeting? If so please tell me where and when... Read More