section-20-notices

Section 20 Notices

Section 20 Notices – Carrying Out Building Works If you are a landlord of a block of flats you will have to make sure that you adhere to the correct procedures if you are going to carry out major works on your block.

If you intend to spend more than £250 per leaseholder you will have to have a period of consultation with the leaseholders.

Section 20 Notices - Pre-tender stage

This notice must be sent to each leaseholder that will be asked to contribute towards the costs through their service charges, and the RTA if there is one. This notice must: describe in general terms the works or services to be provided, or specify a reasonable place and hours at which a description can be inspected free of charge; state the landlord’s reasons for considering such an agreement to be necessary.

The section 20 notices are carried out in two parts and must be done correctly otherwise you may not be able to recover the monies for the works. Therefore it is essential that you follow the correct procedure to avoid problems at a later date.

Following The Correct Procedure

If the contract includes qualifying works, state the landlord’s reasons for considering it necessary to carry out those works; You must inform each leaseholder and the RTA that they have 30 days from the date of the notice in which to make written observations, specifying where they should be sent, and by what date; inform leaseholders that they have the right to nominate a contractor that they feel should be invited to tender for the work and that they have 30 days in which to make their nomination.

 

There is much more information regarding the subject of carrying out major works. Please go over the site at Leasehold Advisory Service

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GROUND RENTS FOR SALE LTD

We are the UK's leading ground rent broker as such we are always looking for new ground rent properties to sell to waiting buyers. We have hundreds of ground rent buyers and always get the highest prices.

Get in touch with us for a free market appraisal, help and advice or use our ground rent valuation form for a value on your own ground rents.

Assuring you of our best attention at all times.