What problems can the LVT help with?
Most disputes between leaseholders and freeholders can be taken to a LVT. This might include disagreements about: • insuring the building • how much you have to pay in service charges • the quality of services provided • how much you have to pay to extend your lease • how much you have to pay to buy the freehold of your building. LVTs can decide whether the amount you have to pay for services or repairs is ‘reasonable’. This won’t necessarily be the price you were hoping for, but can often be less than the freeholder has asked for. The LVT can’t usually force the freeholder to refund any money you have already paid or order her/him to pay your legal costs. If you have problems like these you may need to go to court instead, so get professional advice. Use our advice services directory to find an adviser in your area. If your building is being managed very badly, you can ask the LVT to appoint a manager. The freeholder would still own the property but would lose the right to manage it.
