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Ground rent company - Late payment fees
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nolswhite
Posts: 2 Newbie
Hi my ground rent changed companies and i didn't set up my direct debit. i was sent a reminder which i forgot and after 31 days when payment was due they sent an late payment fee letter for £130 for a debt of £150 which is only 31 days late. Can companies charge this amount ? i called to ask to pay off the ground rent but they want full payment inc late charge? any advice?
0
Comments
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They can charge a 'reasonable fee' for chasing non payment. Admin/legalcosts etc.
If you think it's 'unreasonable' you can challenge it. See also
https://www.lease-advice.org/faq/administration-charge/0 -
Pay it all now.
If you want to challenge the fee you can do so afterwards but until you pay the charges will keep increasing.0 -
Pay it all now.
If you want to challenge the fee you can do so afterwards but until you pay the charges will keep increasing.
... but in order to challenge it later, you must tell the GR company that you are paying 'under protest' and thagt you do not agree that the fee is reasonable.0
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