Thursday, 27 November 2014

Shared Ownership and Resales under Shared Ownership Affordable Homes

Posted in: Need to Know | Ask the Experts

29/03/2012 2:15 pm

Unsuitable or offensive? Report this discussion

Sort: Newest first | Oldest first

Author

Message

Ilimis Mouloud

Ilimis Mouloud

Posts: 5

29/03/2012 2:17 pm

should read week. 

Unsuitable or offensive? Report this reply

Expert post

Adrian Waite

Adrian Waite

Posts: 28

01/05/2012 10:00 am

The Landlord and Tenant Act 1985 and Commonhold & Leasehold Reform Act 2002 set out the rules for service charges including a requirement for reasonableness. In particular the law states that service charges must be reasonable and must not exceed the actual costs of the services provided. Tenants, Leaseholders and residents of shared ownership homes are also entitled to be told how their service charges have been calculated.

Residents who are concerned about the level of their service charges should ask their landlord for a breakdown of the cost and to demonstrate both that the service charges do not exceed the actual costs and that the costs are reasonable. Costs would be reasonable if they are at or below the level that would usually be expected for the work involved.

Dis-satisfied residents have the right to appeal to the Leasehold Valuation Tribunal.

Unsuitable or offensive? Report this reply

Andy Allocca

Andy Allocca

Posts: 2

01/05/2012 2:06 pm

You may find that the 'service charge' is actually the rent due for the part of ther home not staircased,

Unsuitable or offensive? Report this reply

Rate this topic (5 average user rating)

  • 1 star out of 5
  • 2 stars out of 5
  • 3 stars out of 5
  • 4 stars out of 5
  • 5 stars out of 5

You must be signed in to rate.

Post a Reply

You must sign in to rate this topic or make a post

sign in register

Why not register?

Registration allows you to sign up for newsletters, comment on articles, add posts in the forums, quiz our panel of experts, and save articles and jobs in the My IH section.

Register now

Most active members

Most recent posts

IH Subscription