Dormant Company and Tax Q: We are a limited company with 15 shareholders for the 15 flats in our building. We do not trade, nor do we have āincomeā except for advance payments from our 15 shareholders to cover our annual operating costs. In terms of Companies House and the Inland Revenue, what is our […]
Recycling Rejection Q: We are an estate of 30 flats in west Oxford. Seven are fully owner-occupied, three are second homes intermittently occupied, and 20 are sub-let. The residentsā company owns the freehold, and all thirty flats participate in this ownership. We have separate council-provided waste bins for landfill/incineration and recycling. They are just about […]
Private Parking Post Q: One of our leaseholders has requested to erect a parking post because of problems with illegal parking on the drive to his private garage. As leaseholders we also own the freehold to the block of flats and the driveways up to the garages are common land. The leaseholder has provided us […]
Front Doors and Fire Regs Q: Our development of 36 flats was built 1990.Ā Residents have begun to enquire about replacing their individual front doors with more attractive, thermally-efficient and secure composite doors, which requires permission from our freehold-owning RMC.Ā As company secretary and acting managing agent, Iāve tried to find ways we could help […]
Sold without Notice Q: I have recently found out our landlord has sold the freehold status of our lodge, and now retain a superior landlord status. What does this mean to us? To me this puts cash in their pocket, also another person has control of the ground rent we pay. We have had no […]
Paying for Major Projects Q: Our block is a property containing 14 flats owned by leasehold. The freehold is owned by our management company, which is wholly owned by the fourteen leaseholders. We are facing two major projectsāre-roofing and electricity intake cupboard upgradeāthat will cost a substantial amount, probably in excess of Ā£100,000. What I […]
Expenses and Fees Q: We are a small association, comprising 13 of the 18 non-director lessee shareholders in our block of flats, aspiring for formal recognition. I have no experience in this and want to suggest to the association what would be an initial amount for an annual membership fee to cover I know not […]
Residents using Cannabis.Ā Q: We have had several complaints regards the use and smell of drugs in the property.Ā We are especially worried as one of the residents has a young son and she has expressed concern about this. This is a recent occurrence following a residentās boyfriend moving in with her.Ā We use an […]
Q: We enfranchised in 2001 and so have acquired some experience of running the flats having employed a managing agent almost immediately. For some years now, in order to keep down costs, one of our directors (initially voluntarily and later with a small remuneration of Ā£400 pa) has tested the emergency lighting, replaced faulty light […]
Q: A new leaseholder, without permission, has broken through the external wall to install an external water tap and an external electricity box. The latter has been removed and you can see the holes that remain in the brickwork. The Management Company does not wish to allow the tap to remain either as this may […]
