Landlords Alliance – Emergency Euro Elections Statement21:09 PM, 21st May 2019
About 3 days ago 70
Does anyone know the legal position on my dilemma?
I was paying a reasonable service charge of £60 per month for a number of years on a flat I was letting. The freeholder is a Housing Association. Over time, a small credit built up of approximately £600 and I have a statement that confirms this in writing. However, the statement mentions that any credit surplus will be carried over to offset any future major works. This seems quite reasonable if I was going to continue as landlord (not losing much interest these days!).
The whole building is up-together and nothing major looks likely for a few years and the block is insured. I decided to sell-up last year, but was not refunded the surplus. I queried this on the grounds that I will no longer receive the benefit of this ”rainy day” pot for notional work that may or may not need doing in the future.
The HA disagree and will not return the overpayments.
Anyone had similar situation or know of a precedent?
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