Property News · April 8, 2015

Will we have to pay our predecessor’s service charges on a leasehold property?


The management company has produced no accounts for the past three years; will we be liable for any outstanding sums?My wife and I are in the process of buying a leasehold property in London. It was built in 2012 and the management company has produced no accounts for the past three years. The vendors are up to date with their service charges, but we understand that we would be liable for any outstanding sums for the past three years once the sale is complete and accounts are finally presented. Continue reading…

Source : theguardian.com
Read more…Will we have to pay our predecessor’s service charges on a leasehold property?

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