PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Charge from leasehold company

Hi, Sorry I don't know what forum to post in. We own our home but the ground it sits on is leasehold. We pay £550 per year rent. We want to build a conservatory the management company have come back to us and said for permission we must pay £2,500.


Is this change acceptable or are we bring ripped off? The leasehold keeps on swapping company's and we have not got notification that the yearly charge has gone up. Just the bill from them.

Comments

  • eddddy
    eddddy Posts: 18,070 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    You probably need to clarify a bit.

    Do you mean you own the leasehold of a house, and you are asking the freeholder's management company for consent to build a conservatory?

    Or perhaps you own the freehold of a house, but you lease the garden and you want to build on the leased land?
  • Hij
    Hij Posts: 4 Newbie
    Hi,
    We we are on the leasehold for the grounds the house sits on (actual house is excluded) we need to ask the freeholder's management company for consent to build a conservatory.
  • Marktheshark
    Marktheshark Posts: 5,841 Forumite
    Seventh Anniversary 1,000 Posts Combo Breaker
    I hope you took this in to account buying the house, that is a very restrictive convent that would put many buyers off
    I do Contracts, all day every day.
  • eddddy
    eddddy Posts: 18,070 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    So if £2,500 is just an admin charge for giving consent for the conservatory, it sounds very high and you could probably challenge it. See: http://www.lease-advice.org/faq/what-can-i-do-if-i-disagree-with-an-administration-charge/


    An alternative approach could be to just buy your freehold, so that you don't need to ask for consent for stuff like this...

    ... but at £550, your ground rent is very high, so the freehold will be expensive. (Did somebody agree to a bad lease extension to end up with such a high ground rent?)
  • Hij
    Hij Posts: 4 Newbie
    Hi, when buying the house we were not given a breakdown of charges etc only that we need to ask permission.
  • Hij
    Hij Posts: 4 Newbie
    .. but at £550, your ground rent is very high, so the freehold will be expensive. (Did somebody agree to a bad lease extension to end up with such a high ground rent?)[/QUOTE]

    Hi,
    Thank you I will check that out. They are Redrow Homes with a 999 year lease. We don't even pay service charge (yet!) it is crazy. £600 for the permission from the permission then the other £600 for someone to come out after it is built
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.4K Banking & Borrowing
  • 253.3K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.4K Work, Benefits & Business
  • 599.6K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.