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Showing results for tags 'leasehold apartment'.
Dear Community, I am in need of some advice. I have a central London leasehold flat in West London which is one of four in a mansion block. We have been served Section 20 for external repairs eg repointing, rendering, leaking balcony repair, repainting. We were presented with an estimated total bill of £80k. When we were given the breakdown of costs they were grossly overstated. The chosen contractor has no credentials that we could independently verify, and have not seen the examples of his work. The mgmt company refuse to meet us to discuss (we have never had a leaseholder meeti
Hi all, I'm hoping someone out there with some experience can help me. This will be my third buy-to-let but my first leasehold property. I've run the figures and they add up well. It is a 1 bed top floor apartment with good transport links to the city. My offer is £125,000 and the rental estimate is £625-£650 pcm. However, my concerns are as follows: There is a £678 service charge per year. I have been told that this is £200 more than all the other apartments due to the need for the aqua system for fire safety. This seems a lot of money to me, and I asked if this