20:55 PM, 23rd February 2015, About 7 years ago 3
I’m a leaseholder in a block of flats managed by a Service Management Company to whom myself and other home owners in the block pay annual service charge. I have argued with them to no avail that the payment should be broken down into monthly or quarterly payments.
At the beginning of the financial year when they write letters demanding up front one off payments payment of about (£1,400.00) yearly service charge they use threatening words to enforce the collection of the fees and charges. Sometimes they even threaten to pass on details of late paying landlords to credit reference agencies.
I think its illegal for them to do this as they are not a financial institution. We all know how important one’s credit rating is and the implications when it gets tarnished.
What can a Leaseholder do to check that they are not taking the law into their own lands by sending a landlords name to credit reference agencies as a debtor?
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