Management Company

shiggy69

I am selling my mums home as PoA as she is now in care.
I have received a statement of account from a Private Estate management company which dates back to 2003 so 22 years worth of fees.
 I have found no record of mum receiving invoices/statements:letters chasing the money outstanding.
My question is does this need to be paid or is there a point where they can only ask for x amount of years?
Many Thanjs

ReadySteadyPop

shiggy69 said:

I am selling my mums home as PoA as she is now in care.
I have received a statement of account from a Private Estate management company which dates back to 2003 so 22 years worth of fees.
 I have found no record of mum receiving invoices/statements:letters chasing the money outstanding.
My question is does this need to be paid or is there a point where they can only ask for x amount of years?
Many Thanjs

There are limits legally on some debts where if you have not "acknowledged" the debt, i.e responded to letters, demands etc. for a certain period (20 years?) which I think in law is equivalent to taking responsibility for the debt, they can`t pursue it any more, this will be different in Scotland and England and will be different regarding certain types of debt, I don`t think you can escape a mortgage debt for example, but you need to get expert advice, personally I wouldn`t respond to anything that is sent to you until things become clearer.

MeteredOut

shiggy69 said:

I am selling my mums home as PoA as she is now in care.
I have received a statement of account from a Private Estate management company which dates back to 2003 so 22 years worth of fees.
 I have found no record of mum receiving invoices/statements:letters chasing the money outstanding.
My question is does this need to be paid or is there a point where they can only ask for x amount of years?
Many Thanjs

You finding no record of them does not mean they don't exist. Have you asked the management company for copies of previously sent documentation pertaining to the alleged outstanding invoices?

daveyjp

You need a copy of the lease and understand what charges can be imposed and the terms for payment.

eddddy

shiggy69 said:

 I have found no record of mum receiving invoices/statements:letters chasing the money outstanding.

Is it a retirement development?

Is the money outstanding? Or is it a deferred service charge which only becomes payable when the property is sold?

For example, does the relevant deed / lease say something like "You agree to pay 50% of the service charge each year, and payment of the other 50% will be deferred until you sell your property."

You should read the deed / lease to check and/or ask the Management Company on what legal basis they are asking for 22 years of Service Charges.

If that's not the case, normally the time limit for enforcing a Service Charge debt is 12 years - in England/Wales.

(But there's also an 18 month rule for leasehold properties, which might be relevant.)