{"id":7320,"date":"2015-04-08T13:00:02","date_gmt":"2015-04-08T06:00:02","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-we-have-to-pay-our-predecessors-service-charges-on-a-leasehold-property\/"},"modified":"2016-03-09T09:28:10","modified_gmt":"2016-03-09T02:28:10","slug":"will-we-have-to-pay-our-predecessors-service-charges-on-a-leasehold-property","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-we-have-to-pay-our-predecessors-service-charges-on-a-leasehold-property\/","title":{"rendered":"Will we have to pay our predecessor\u2019s service charges on a leasehold property?"},"content":{"rendered":"<p>&#013;<br \/>\nThe 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&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.theguardian.com\/money\/2015\/apr\/08\/service-charge-leasehold-property\" target=\"_blank\">Will we have to pay our predecessor\u2019s service charges on a leasehold property?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The management company has produced no accounts for the past three years; will we be&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-7320","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-1U4","jetpack-related-posts":[{"id":149800,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/a-two-tier-housing-market-will-be-the-result-of-labours-half-baked-leasehold-reform-plans-harry-scoffin\/","url_meta":{"origin":7320,"position":0},"title":"A two-tier housing market will be the result of Labour\u2019s half-baked leasehold reform plans | Harry Scoffin","date":"March 13, 2025","format":false,"excerpt":"\r The current system in England and Wales is iniquitous, but the answer isn\u2019t to divide flats into shiny new-builds v leasehold debt trapsThe leasehold system in England and Wales has needed tearing down since the medieval era. It locks homeowners, especially those in flats, into an exploitative, serf-like relationship\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":136604,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-is-leasehold-and-are-there-any-alternatives\/","url_meta":{"origin":7320,"position":1},"title":"What is leasehold, and are there any alternatives?","date":"May 11, 2023","format":false,"excerpt":"\r Cladding crisis highlighted issues as leaseholders ask government to facilitate commonhold systemPlans to abolish \u2018feudal\u2019 leasehold system in England and Wales dropped Given that they have paid large sums for their homes, leaseholders might be surprised to find that they are in a landlord and tenant relationship with the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":170490,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-law-on-service-charges-is-grossly-unfair-letters\/","url_meta":{"origin":7320,"position":2},"title":"The law on service charges is grossly unfair | Letters","date":"February 4, 2026","format":false,"excerpt":"\r Leaseholders have little or no control over service charges \u2013 the system needs urgent attention, writes Chris Wallis.While your editorial on leasehold reform (29 January) is right to say that action on ground rents is long overdue, as is the abolition of leasehold altogether, and that the right to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":32165,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-new-builds-catching-house-buyers-in-a-leasehold-property-trap\/","url_meta":{"origin":7320,"position":3},"title":"The new-builds catching house buyers in a leasehold property trap","date":"October 29, 2016","format":false,"excerpt":"\r Recently built homes have been left unsaleable, with owners asked to fork out five-figure sums for freeholds. We investigate the latest leasehold scandalWhen Clare Budgen bought her first house in Ellesmere Port in 2009 for \u00a3155,000 the last thing on her mind was the lease. Taylor Wimpey, the developer,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":166480,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/leasehold-wild-west-under-scrutiny-as-minister-criticises-firstports-fees-and-failures\/","url_meta":{"origin":7320,"position":4},"title":"Leasehold \u2018wild west\u2019 under scrutiny as minister criticises FirstPort\u2019s fees and failures","date":"December 4, 2025","format":false,"excerpt":"\r Exclusive: Senior minister raises \u2018significant concerns\u2019 over one of UK\u2019s biggest property managers A senior minister has said he has \u201csignificant concerns\u201d about one of Britain\u2019s biggest property managers after dozens of residents complained of high charges, slow repairs and aggressive debt collection techniques.It is the latest sign of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133760,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/leasehold-nightmare-why-owning-a-council-flat-could-land-you-with-a-wipeout-bill\/","url_meta":{"origin":7320,"position":5},"title":"Leasehold nightmare: why owning a council flat could land you with a \u2018wipeout\u2019 bill","date":"January 16, 2023","format":false,"excerpt":"\r Growing numbers of people are getting demands for \u2018completely unaffordable\u2019 sums that they fear may mean them losing their homeLike many people, teacher Neil Hosken is being careful with money as the cost of living crisis pushes up his food and energy bills, and his low-cost mortgage deal comes\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/7320"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=7320"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/7320\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=7320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=7320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=7320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}