Colin Hussey, head of business development at Brady Solicitors argues that we should stop viewing the FTT (formerly LVT) as place to be avoided at all costs.
The popular view often held by managing agents is that the Leasehold Valuation Tribunal is best avoided.
It is generally perceived as a platform for defaulting leaseholders to air their grievances, and where managing agents are, as a result, given a tough time.
But let’s look at it this way. Wouldn’t you love leaseholders to know you are a property management company so transparent in your dealings that you actually go to the FTT (LVT) in advance to sanction and approve your service charges? And wouldn’t you like to be able to circumvent problem estates’ concerns before the leaseholders even raise an issue?
Using our tactical nous and property management expertise, Brady Solicitors has been working with a number of clients with ‘challenging’ estates. We have been using with great success a number of clauses of the Landlord and Tenant Act 1985 to obtain an advance determination by the Tribunal of whether any costs incurred would be reasonable and payable. This means we can help you to:
- Pre-approve complex costs on problem estates
- Avoid a retrospective review of service charge costs
- Reduce drawn-out FTT actions
- Stop difficult leaseholders in their tracks
Brady Solicitors offers a fixed fee service on applications offering a cost effective route to pre-approval of costs in the FTT. Contact us for a quote or a chat and let us help you deal with problem estates swiftly.