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anon_private
Posts: 171 Forumite
I am thinking of buying a flat
Are service charges around £1000/yr reasonable? Would would be considered excessive?
Evidently leases often place restrictions on what owners (leaseholders) can do. Can you give the main restrictions, including restrictions on what can be done in parking bays
Thanks
Are service charges around £1000/yr reasonable? Would would be considered excessive?
Evidently leases often place restrictions on what owners (leaseholders) can do. Can you give the main restrictions, including restrictions on what can be done in parking bays
Thanks
0
Comments
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anon_private wrote: »Are service charges around £1000/yr reasonable? Would would be considered excessive?
Evidently leases often place restrictions on what owners (leaseholders) can do. Can you give the main restrictions, including restrictions on what can be done in parking bays
Thanks
No. Read the lease in question.0 -
Depends what you get for the money! Mine is around that and covers buildings insurance, window cleaning, gardening, and this year new carpets in communal areas and all exterior paintwork freshened up - a percentage goes into a sinking fund for that.
I consider it a bargain not to have to organise any of that stuff, but I know others think differently.
For restrictions you need to read the lease, they all vary. What on earth do you want to do in a parking bay except park a vehicle???2021 GC £1365.71/ £24000 -
The mind boggles but maybe they just want to put a skip in it0
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BrassicWoman wrote: »Depends what you get for the money! Mine is around that and covers buildings insurance, window cleaning, gardening, and this year new carpets in communal areas and all exterior paintwork freshened up - a percentage goes into a sinking fund for that.
I consider it a bargain not to have to organise any of that stuff, but I know others think differently.
For restrictions you need to read the lease, they all vary. What on earth do you want to do in a parking bay except park a vehicle???
Wash the car
Service it
Repair it0 -
Cheeky_Monkey wrote: »The mind boggles but maybe they just want to put a skip in it
Read my response above0 -
anon_private wrote: »Wash the car
Service it
Repair it
As others say, you need to read the lease.
If the lease just says it is for "parking", I doubt that "repairing a car" falls within a reasonable definition of "parking".
But, most freeholders wouldn't inspect a parking area to see what people are doing. So it would probably only become an issue if somebody complained to the freeholder.0 -
anon_private wrote: »Wash the car
Service it
Repair it
My lease precludes those. It'd be a right PITA if everyone was taing their cars to bits and getting oil on the tarmac and revving engines - not really an activity suited to flats. If tinkering with cars is your thing, best get a garage?2021 GC £1365.71/ £24000 -
anon_private wrote: »Wash the car
Service it
Repair it
Worth bearing in mind though that not all (indeed, probably most) of lease covenants are strictly enforced, so unless someone thinks you're actually causing a nuisance it's unlikely to be a problem. And even if they do, there are limits to what they can do about it unless your car maintenance is long-running e.g. if they spot you tinkering with the car on Saturday, by the time they've spoken to their lawyers on Monday you'll probably already have finished the job.0 -
When buying a flat you need to get sight of the lease sooner rather than later to find out just what is and is not permitted. I could repair and service my car, if I actually knew anything about engines, but I can't hang out washing or use the place for immoral purposes.0
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When buying a flat you need to get sight of the lease sooner rather than later to find out just what is and is not permitted. I could repair and service my car, if I actually knew anything about engines, but I can't hang out washing or use the place for immoral purposes.
I would be happy with those conditions.
Best wishes.0
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