15:42 PM, 29th March 2021, About 10 months ago 6
I am a member (director) of an RTM in a small block of 7 leasehold flats. 3 of the leaseholders are also Directors and 3 are non Directors leaving one leaseholder yet to join the RTM.
We mostly agree on necessary maintenance works and split the costs between ourselves individually. We also have a management company who originally helped us set up the RTM and take responsibility for the building, but we do not engage with them much, and they mainly collect service fee charges to build a reserve fund and charge their fees which seem a bit steep.
However, my query is recently we have engaged in the expensive process of having the building newly rendered. We all initially paid a deposit of the total costs with future planned equal payments outstanding. We now have a worrying situation where one leaseholder and member of our RTM has pulled out of communication with the rest of us and is not making any further payments.
Scaffolding is up and time is not in our favour, and we see no option other than to cover his share and try to recoup, but how?
We have all been paying the rendering company our separate shares who have been invoicing us as individuals. We now find ourselves in this position and are unsure of the best route to take or even our legal position?
Has anyone had similar or could anyone advise our legal rights or options to recoup?
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