I own a 3 bed semi worth in the region of £130,000 and pay £50/year ground rent.
I'm looking to extend and want the freeholder's permission to build, so I contacted the broker/management company that handles the ground rent and this is the reply I got
"A fee in the sum of £819.00 plus VAT for consent made payable to Leasehold Property Management Limited. This fee is our costs in communicating with you, reporting to your freeholder, taking your freeholder’s instructions, studying and filing the plans."
Does this sound reasonable to you, anyone have experience in this? Nearly a grand for what.
They expect me to send a cheque with no breakdown of costs or invoice just an email asking for £'s
I don't mind paying for permission if that's what I have to do but it's not what I had budgeted for, more like £200-£300.
Thoughts people?
I'm looking to extend and want the freeholder's permission to build, so I contacted the broker/management company that handles the ground rent and this is the reply I got
"A fee in the sum of £819.00 plus VAT for consent made payable to Leasehold Property Management Limited. This fee is our costs in communicating with you, reporting to your freeholder, taking your freeholder’s instructions, studying and filing the plans."
Does this sound reasonable to you, anyone have experience in this? Nearly a grand for what.
They expect me to send a cheque with no breakdown of costs or invoice just an email asking for £'s
I don't mind paying for permission if that's what I have to do but it's not what I had budgeted for, more like £200-£300.
Thoughts people?