LEASE was approached by a group of leaseholders in a converted industrial building in Wales, which consisted of 15 flats all on long leases.

Following a change of freeholder, the leaseholders were served with Section 20 notices for major works. Overall costs for the work were estimated in excess of £500,000 with around £38,000 payable by each leaseholder.

LEASE reviewed a sample lease as well as other relevant documents and advised the leaseholders that:

We also provided advice regarding the Right to Manage a block of flats as well as the right to seek the appointment of a manager by the tribunal and alerted the leaseholders to the importance of the RICS Service Charge Management Code of Practice.

On the strength of this advice the leaseholders succeeded in having the window works removed from the project, saving around £10,000 per leaseholder. In addition, they have now made application to the LVT regarding the reasonableness of the other costs.


More information you might find useful:

LEASE is governed by a board, appointed as individuals by the Secretary of State for the Ministry of Housing, Communities & Local Government.

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