If other leaseholders stop paying service charge what happens

user1977

F37A said:

aussie_in_wales said:

I'd check that they are also paying the insurance if you're worried about the other owners paying the leasehold. Quite a few years ago I was going to buy a flat in a development with three other flats within it. The building insurance had not been paid for more than 12 months by one of the occupants. 

Other thing on my mind is if its asbestos then will any disturbance be covered under insurance.

That's not the sort of thing which gets insured against. Insurance is for one-off events (fire, storms, flood, malicious damage, etc). If you mean "would there be extra costs if asbestos is involved in any maintenance works", then probably yes, and it just becomes an additional cost for everyone.

user1977

F37A said:

propertyrental said:

F37A said:

aussie_in_wales said:

I'd check that they are also paying the insurance if you're worried about the other owners paying the leasehold. Quite a few years ago I was going to buy a flat in a development with three other flats within it. The building insurance had not been paid for more than 12 months by one of the occupants. 

thanks. Will look at that as well. Other thing on my mind is if its asbestos then will any disturbance be covered under insurance.

No. Where are you concerned there may be asbestos?

To be honest, most of your queries will be answered during the conveyancing process. The freeholder will be sent a comprehensive list of questions by your solicitor, as will the seller - including "are you aware of any asbestos?"

I'm expecting in the ceiling.

...and if by that you mean the ceiling of your flat, then (a) it's probably trivial (if we're talking about old artex which might contain a very low concentration of asbestos), and (b) it's almost certainly your responsibility and nothing to do with the freeholder.

eddddy

user1977 said:

 If you mean "would there be extra costs if asbestos is involved in any maintenance works", then probably yes, and it just becomes an additional cost for everyone.

Although it depends where the asbestos is - and therefore whose responsibility it is.

The lease will tell you which parts of the buildings structure are the freeholder's responsibility, and which parts are the leaseholder's (your) responsibility.

If it's in part of the building which is the freeholder's responsibility, the freeholder should deal with it as required and the cost would be shared by all leaseholders.

If it's in part of the building which is the leaseholder's (your) responsibility, you'd need to deal with it as required and bear the cost yourself.