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Where do I stand legally?
Well, presuming the work hasn't been challenged successfully and needs to be done, you will need to pay for it.
It helps if you share the structure of the management and composition of your block;
Is the flat ex-LA?
Who is the freeholder? Are they 'hostile'?
Do you have a share of freehold?
Do you have Right to Manage or similar?
Who is the management Co? How are they appointed?
Is there a sinking fund?One way of raising the money quickly is to go to your mortgage lender.
Howard-
It’s a private block. The management co are c**ts (but aren’t they all). The work is genuinely needed tbf but the money they want seems way too much to me.
I am happy to pay it but would prefer to pay it in instalments. I am wondering really if they have to accept that offer? If for example, they take me to court is the court going to say yeh that’s fair pay it in instalments then.
Thanks for the tip about my mortgage lender, didn’t think of that. Do you mean I can just add it to the mortgage?
jv
My blocks management company have demanded a pretty big sum to pay for internal renovations. I’ve offered to pay via monthly instalments to break down the sum but they have ignored my requests and threatening legal action demanding the full sum.
Where do I stand legally?