Mary-Anne Bowring 02/09/2020
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What happens if you cannot trace your servicechargesorted.co.uk/blogs/lower-the-service-charge-for-our-flats'>freeholder and you want to extend your lease or buy your servicechargesorted.co.uk/blogs/lower-the-service-charge-for-our-flats'>freehold? You can still do so by the vesting order process. This involves an application to the County Court detailing the steps taken to locate the servicechargesorted.co.uk/blogs/lower-the-service-charge-for-our-flats'>freeholder. The County Court will then transfer the matter to the servicechargesorted.co.uk/blogs/remedies-for-leaseholders-with-an-absentee-landlord'>Leasehold Valuation planetrent.co.uk/blog/could-a-tax-tribunal-ruling-mean-btl-investors-avoid-3-stamp-duty-surcharge'>Tribunal ("LVT") to determine the price to be paid.
This approach can also be used where you have a silent or stubborn servicechargesorted.co.uk/blogs/lower-the-service-charge-for-our-flats'>freeholder who refuses to respond to a claim notice. In such a situation a vesting order application can be made. The Court can determine that the servicechargesorted.co.uk/blogs/lower-the-service-charge-for-our-flats'>freeholder loses their right to challenge the price (by submitting their surveyor's valuation). This means that the Court can order that the price be set at that in the claim notice! The servicechargesorted.co.uk/blogs/lower-the-service-charge-for-our-flats'>freeholder can also be prevented from claiming back their costs from the servicechargesorted.co.uk/blogs/remedies-for-leaseholders-with-an-absentee-landlord'>leaseholder!
Any questions relating to the absentee servicechargesorted.co.uk/blogs/lower-the-service-charge-for-our-flats'>freeholder or vesting order process, please let us know.
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