Friday, 9 May 2008
Lease service charges: supporting documentation
The tenant can demand a summary of service charges, see the receipts and further financial information and appoint an accountant or surveyor to conduct an audit
Labels: Lease service charges audit
Thursday, 8 May 2008
Lease service charges: trust
The landlord must hold service charges received in trust and put them into a bank account, separate form his own money
Labels: Lease service charges trust
Wednesday, 7 May 2008
Will this mean 'Money up front, please!'?
Proposals under the Tribunals Courts and Enforcement Act 2007 include
Licensing of debt advice companies who can then dictate to creditors how much they should write off and the period over which they must accept the balance by instalments
Debt relief orders to wipe out debts of less than #15,000 without the need to go to Court
A reduction in the ability of creditors to block Individual Voluntary Arrangements
You or your clients should start thinking now about how much credit, if any, you will give clients / customers in the future
Labels: Tribunals Courts Enforcement Act 2007 debt relief orders Individual Voluntary Arrangements
Tuesday, 6 May 2008
Lease service charges: demands
All demands must be in writing and contain Landlords name and an address in England and Wales. Until that has been done, the tenant is not obliged to pay
Labels: Lease service charges demands
Friday, 2 May 2008
Lease service charges: local authority grant
If Landlord receives any grant for doing work, he cannot charge the tenants again but must give credit to them against service charges
Labels: Lease service charges local authority grant
Thursday, 1 May 2008
Lease service charges: losing right to collect
A Landlord loses the right to recover service charges after 18 months, unless he serves notice that such charges have been incurred and that the Tenant will be expected to contribute
Labels: Lease service charges delay
Wednesday, 30 April 2008
Leasehold Valuation Tribunal: Service charges
The Leasehold Valuation Tribunal can determine all disputes in connection with service charges
Labels: Leasehold Valuation Tribunal Service charges

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