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what's the legit way to split shared costs between flats in a converted house?

LadyMac1 · 2021-11-01 14:14:42

Hello, I've tried googling for an answer to my questions without luck, I'm hoping someone here can help. I'll try to explain the set up as simply as possible. Building is classic set up of old Victorian house split into 5 flats. Each of us holds a share of the freehold and we do the management company ourselves (one of the…

Comments

theoretica Posts: 12,691 Forumite

2 November 2021 at 5:07PM

Though sometimes the splitting of costs can be really weird. I read somewhere (online so it must be true) of tenement blocks where one of the biggest and prime positioned flats paid a really tiny percentage of the shared costs - it was the flat the original developer had kept for themselves and they had set the split!

But a banker, engaged at enormous expense,

Had the whole of their cash in his care.
Lewis Carroll

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