How do I alter the wording of my Lease?
The right to vary or change your lease can be requested where the lease does not make adequate provision for the required maintenance, repair or redecoration of the building.
A lease can only be varied with full agreement of all interested parties (leaseholders and landlord) or by requesting it to be reviewed by the Leasehold Valuation Tribunal (LVT).
You will be required to provide full information to what changes are required to your lease and why you think the lease is inadequate.
The LVT is an independent body who review varying leasehold disputes and problems.
The LVT requires an application to be submitted which will be reviewed by the Tribunal members who may be surveyors with expertise in Valuations or solicitors, local government members or other “lay people”. There are usually two or three members appointed for each Tribunal. The chairman will be the member who writes up the findings of the tribunal and advises what the result of the tribunal is.
For more information go to www.rpts.gov.uk/index.htm where you can also obtain the application form, obtain the cost along with other material that you may need to complete the application form accurately and to understand the Leasehold Valuation Tribunal procedure.
DISCLAIMER
Any external products and services listed do not necessarily carry the endorsement of retirement-flat-living or imply a recommendation. retirement-flat-living.co.uk does not recommend any of the advertisers and cannot be held responsible for any work undertaken by or purchased from any advertiser on this site.
Whilst retirement-flat-living makes every effort to ensure that the articles included in the web site are accurate at the time of publication it is inevitable that, as time goes by and circumstances change, the articles may contain out of date information. Readers are strongly urged to check the content of these articles before taking any action that could have legal or financial consequences. retirement-flat-living shall not be liable for any loss, damage or inconvenience arising from inaccuracies.