Undertaking major works on a tenanted property is a great opportunity, though not without certain risks. Landlords must consult with leaseholders or risk being challenged by a leaseholder, having to carry out works separately, and ultimately being unable to recover costs.
Why carry out leasehold consultations?
- Fulfils your legal obligations as a landlord – FFT operates a fully compliant leaseholder consultation process, eliminating the worry of getting it wrong
- You can deliver mixed tenure programmes of work – if consultations are not undertaken, works must be carried out separately, meaning a slower lead time and greater disruption to residents
- You can recover costs – proper consultation with tenants who pay a variable service charge means that landlords have the right to recover costs from tenants
FFT offers full leaseholder consultation or additional support for in-house teams. Our service is efficient, minimises the risks and enables clients to recover costs for the works.
You may wish to hand over the entire process to a third party, in which case we can handle the consultation from start to end. For those clients with an in-house leasehold team who would like some support at busy times or with certain parts of the process, we can help. Our approach is flexible; our experience covers Schedule 1, Schedule 2, Schedule 3 and Schedule 4, Parts 1 & 2, of the regulations.
Timeliness and compliance are as important to us as our clients. Our relationship-led approach creates smooth, efficient project management. You can rest assured that our asset portal, used for receiving and transferring leasehold data, is secure and GDPR-compliant.
Whether handling all or part of the process, our experience has led to successful outcomes for clients.