Have been tied up doing other stuff for a while though it was time to freshen up the leaseholders advice site with a new cleaner theme. Within the past few weeks public documents have been discovered, revealing that in the case of one particular London Authority, the charges demanded from leaseholders were known to be excessive.
Because during a leasehold valuation tribunal hearing, the arms length management organisation, for the Local council, "by their own admission", stated that it was known that the actual costs for major works would "actually be less than the 75% interim demand" yet this London councils leasehold and incomes department were at the leasehold valuation tribunal defending themselves against excessive overcharging for major works and service charges, when they attempted to reclaim the full original 100% of the "estimate they knew would be more than 25% above the true accurate and final cost".
NOTE this is the important bit, a PRECEDENT has been set, when the management company "admitted during a statement to the leasehold tribunal the final cost they knew would be less than the 75% interim demand" and this applies across the Borough to all leaseholders approximately 9.000 nine thousand in total.
This is even more important to tackle head on with this london council and it's management company "why are they therefore still demanding with threats of legal action the full 100% over priced estimates from all other leaseholders in the borough who "DO NOT PUT UP A FIGHT" and why don't they publicise the "FACT" that the original section 20 estimates are deliberately over estimated and that the 75% interim demands will more than adequately cove the final actual charges.
It will take me a while to compile lots of new stuff and highlight the relevant points so watch this space




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