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Jun 15, 2005 10:51

So we just got a letter in the post saying that the freeholders on our block of flats want to double the height of it and add four more flats...oh, and take away the garden to use as parking spaces ( Read more... )

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mooism June 15 2005, 10:43:04 UTC
Do you own a share in the garden?

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suzylou June 15 2005, 11:18:41 UTC
I certainly own one of the garages they are trying to demolish!

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mooism June 15 2005, 10:43:36 UTC
But yeah, this sucks.

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vardebedian June 15 2005, 11:47:11 UTC
Surest solution is to band together with all the other leaseholders and force the current freeholders to sell you (collective you) the freehold. I'm not a lawyer, and you should talk to one, but some law was passed a few years back allowing leaseholders to force the freeholders to hand it over irrespective. It'll cost, mind.

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suzylou June 15 2005, 11:52:47 UTC
*nods* we also need to find out who the other leaseholders are, I think nearly all the other flats are rented out....

Also, I suspect that they could push the freehold price up to an astronomical level because of the "development opportunity" currently inherent in the property :(

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albatros June 15 2005, 17:50:55 UTC
6 months is optimistic. Try 14 months.
Freeholders: I think they're looking to spend £150k, and gain £1m in sales. I also think it's unlikely that the 1920s/30s structure would take two more floors (?)

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suzylou June 15 2005, 19:44:24 UTC
Again. All stuff I'm VERY aware of. I think 10 months realistically, if they get their act together. However, I suspect an acoustic consultant could stop them working weekends ;)

I'm looking 1/2 mil profit for them after construction cost.

And yes, structural concerns are on the LONG list of objections ;)

I'll keep you posted. However, I'm confident and optimistic at this point.

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albatros June 16 2005, 04:06:58 UTC
Want me to come up with a bullet-point list of possible points, in case you don't have enough?

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suzylou June 16 2005, 08:57:32 UTC
Every little helps...want to wait a day or two until I have my list together so that you don't just duplicate my existing thoughts? ;)

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