Permission To Sublet Denied My Freeholder in Lease Help!

ILW

jude21212 wrote: »

I know I've come late to this thread ....but I'm in similar situation.

My father died 2 years ago. He owned an Anchor/Guardian flat with a total restriction against letting. His flat has now been on the market for over 18 months with the price being reduced on a regular basis in accordance with estate agents recommendations ( 3 separate agents ).
All agents tell us there is just not the demand to buy these properties but that they could easily rent it out to someone who came in the age bracket ( apparently there is increasing numbers of over 60s who prefer to rent ).

Originally Anchor told us that we could rent if the other residents on the estate consented - we sent each a note and had several letters saying no problem but not everyone replied and the warden on site did object ( we weren't sure if he had objections from other residents who preferred not to tell us or not ). That was over a year ago. Now Anchor are saying that's not an option and that they could only agree to allow the flat to be rented if all leases on site were changed. I've said that it would be enough for them to give everyone the option to change if they wanted ...they don't have to change them all. But it seems we're stuck.

My sister and I are now paying out money every month for an empty flat with no prospect of selling - the agents say it would help if we could put a board outside or a sign in the window. Anchor have refused permission.

So question ...any ideas ? And can anyone give me a link to the OFT decision saying that they weren't keen on these clauses ?

It will sell at the right price. Why are you holding on?

jude21212

This isn't really the case - we've reduced price everytime it's been suggested but agents tell us no one eligible is looking. Anchor age limit is 60 ...and they've refused to allow 55 ( even though there seems to be discretion in the lease and all new Anchor leases say 55 ). There are at least 5 other retirement properties ( not all on same estate ) within 1 mile and all having problems selling mainly because any buyers interested seem unable to sell their own. Buyers looking for retirement properties are buying new through companies who will buy in their own property. We've offered to do this - although agents said it would be complicated ( I don't see why ) but it's made no difference.


The flat is also about a mile from village which isn't helping us.

geoffky

some people would sell their granny just for money. It leaves a bad taste in my mouth. the original op just can not see the woods for the trees.