Can the leasehold agreement be changed or modified?
In short, yes. A leaseholder can apply to a Leasehold Valuation Tribunal (LVT) to ask it to determine whether the lease should be varied on the grounds that it does not make satisfactory provision in respect of the calculation of a service charge payable under the lease. The LVT has the power to strike out unreasonable clauses within the lease, especially those which are no longer relevant to each party.
