Shelter’s Income and expenditure figures highlighted13:57 PM, 4th February 2019
About 2 weeks ago 35
13:49 PM, 3rd September 2018
About 6 months ago
1 property – 3 leashold flats with 2 of us owning the share of freehold. The owner of the flat that doesn’t own the share of freehold lives in New Zealand. We do not even have an address for her. All communication is via email.
She can’t keep up with service charge payments (£500 p/a) and ground rent payments (£200 p/a) which are minimal considering the value of the property and the rental income she receives. She is constantly in arrears and can’t keep up with the payments. The property needs major works done to it. She agreed it did and agreed to a payment plan about 2 years ago as we need to receive her funds before we do the works due to her poor credit history on previous works we had done.
Obviously she has paid nothing. Anyway it has accidentally come to my attention that she is also in mortgage arrears and has been for some time.
The letters keep coming to the property (it’s a shared letterbox) so I am wondering whether the lender is even aware that she is living in New Zealand.
What can we do?
Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.
|“Account”||means an account required to access and/or use certain areas and features of Our Site;|
|“Cookie”||means a small text file placed on your computer or device by Our Site when you visit certain parts of Our Site and/or when you use certain features of Our Site. Details of the Cookies used by Our Site are set out in section 13, below;|
|“Cookie Law”||means the relevant parts of the Privacy and Electronic Communications (EC Directive) Regulations 2003;|
|“personal data”||means any and all data that relates to an identifiable person who can be directly or indirectly identified from that data. In this case, it means personal data that you give to Us via Our Site. This definition shall, where applicable, incorporate the definitions provided in the EU Regulation 2016/679 – the General Data Protection Regulation (“GDPR”); and|
|“We/Us/Our”||Means Property118 Ltd , a limited company registered in England under company number 10295964, whose registered address is 1st Floor, Woburn House, 84 St Benedicts Street, Norwich, NR2 4AB.|
|Name of Cookie||Purpose||Strictly Necessary|
|JSESSIONID||Used only to collect performance data, with any identifiable data obfuscated||No|
|__cfduid||This cookie is strictly necessary for Cloudflare's security features and cannot be turned off.||Yes|
|Name of Cookie||First / Third Party||Provider||Purpose|
|__utma, __utmb, __utmc, __utmt, __utmz||First||Helps to understand how their visitors engage with our website|
Our mission is to facilitate the sharing of best practice amongst UK landlords, tenants and letting agentsLearn More