Rent charge and lenders criteria

Rubygracesza

davidmcn said:

Rubygracesza said:

AdrianC said:

Rubygracesza said:

The company is Shenstone Properties Limited and they seem to be as crooked as they come. No website, no email address and no phone number.

It took about three seconds to find 01543 250458 - but there is no legal requirement for any company to have website, public email, or public phone numbers.

You can only contact them by letter and you can only pay by cheque!

Is that a problem?

If the cheque is late, they impose huge fines.

They cannot impose "fines".
They can only impose late payment fees in line with whatever's specified in the covenant or lease, or in line with what's allowed by legislation. Interest at 8% above base rate, for commercial debts.

Rubygracesza said:

I'm not sure what libellous about it. Complaining online about a company that operates in an obstructive manner is hardly a suable offence.

Alleging in writing that their business model is deliberately illegal certainly can be libellous, yes.
It's pretty much the dictionary definition, tbh.
The main defence is that you can prove it to be true. But defending a libel case is usually a pyrrhic victory at best, due to legal costs.

What on earth are you talking about? I haven't claimed they are acting illegally.

I'm not sure how else people are meant to interpret "they seem to be as crooked as they come."

My point about the company Shenstone Properties Limited being crooked is not the point of this post. I hardly think I am going to be sued for complaining about them here, or every person on their considerably long list of 1 star reviews on Google and Yell will be in trouble. 
I was looking for advice about rent charges and ownership. I really couldn't care less for your faux concern about me committing libel. Move on. 

escobar10

Hey, just wanted to check with you as I'm in similar situation now. How this ended, did you manage to purchase the property after all ?
Also was it historic estate rent charge ? @Rubygracesza