Sharp practice from freeholders..
Discussion
Has anyone else come across this?
We had a 'Final Demand' from a freeholder claiming that we owed them back ground rent & admin fees because our solicitors hadn't informed them of the change of ownership (or our details) when we bought our flat.
Apparently they're notorious for withholding the first few letters then acting all huffy & demanding money, threatening to go running to your mortgage co.
Plenty of examples on MSE & the like.
One to watch out for.
We had a 'Final Demand' from a freeholder claiming that we owed them back ground rent & admin fees because our solicitors hadn't informed them of the change of ownership (or our details) when we bought our flat.
Apparently they're notorious for withholding the first few letters then acting all huffy & demanding money, threatening to go running to your mortgage co.
Plenty of examples on MSE & the like.
One to watch out for.
Would the freeholders be Marcsi by any chance? (letters need rearranging)
Its not worth the hassle of fighting, if you read your lease chances are you are liable for all their costs and yours at the 1st tier tribunal, making it a high risk gamble for a few hundred £
Pay em, then sell up, they own the development for their benefit, not yours. If you stay I recon that the service charges will quadruple within 5 years.
Terrible awful disgusting company to deal with.
Its not worth the hassle of fighting, if you read your lease chances are you are liable for all their costs and yours at the 1st tier tribunal, making it a high risk gamble for a few hundred £
Pay em, then sell up, they own the development for their benefit, not yours. If you stay I recon that the service charges will quadruple within 5 years.
Terrible awful disgusting company to deal with.
loafer123 said:
Surely it is your solicitor's liability?
The lease should be quite clear about your obligations.
It was and although the solicitor wasn't terribly confidence inspiring, I'm loathe to believe they neglected to give the freeholders our details.The lease should be quite clear about your obligations.
We're clear about our obligations and are happy to pay what we owe, but this seems to be a trend of freeholders deliberately not sending invoices, then throwing a hissy fit and charging unreasonable admin fees due to the 'non-payment'.
DJFish said:
loafer123 said:
Surely it is your solicitor's liability?
The lease should be quite clear about your obligations.
It was and although the solicitor wasn't terribly confidence inspiring, I'm loathe to believe they neglected to give the freeholders our details.The lease should be quite clear about your obligations.
We're clear about our obligations and are happy to pay what we owe, but this seems to be a trend of freeholders deliberately not sending invoices, then throwing a hissy fit and charging unreasonable admin fees due to the 'non-payment'.
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