This is a serious situation, as the building will not be managed, and it could be hard to sell any flat in the building. Your options are as follows:
- Restore the company. For example, if the company is owned by the leaseholders, then they could pay to get the company back on the register.
- Exercise Right to Manage
- Appointment of a manager
- Buy the freehold
If a freehold company is struck off (dissolved) the freehold goes to the Crown. It is important to note that the Crown has no responsibility to manage the building, so do not undertake maintenance work on the property, enforce covenants against other lessees, manage or insure the property. All of these have a significant practical and financial impact on you as a leaseholder.
Was the company struck off at the time you bought the flat? If so, you should discuss this with the solicitor who acted for you during the purchase, as you should have been informed of this.
More information you might find useful:
- Can I and the other leaseholders exercise the Right to Manage?
- What is the procedure for the appointment of a manager?
- The company directors have resigned. What happens now?
- The company directors are refusing to hold meetings at a convenient place or time.
- The company directors have not called an Annual General Meeting (AGM), so the annual renewal of director appointment has not been verified. Can they still be directors and what should we do to fix the problem?
Still not found the answer?
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