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unitedbiscuits
24 Jan 14 21:51
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Date Joined: 27 Jan 02
| Topic/replies: 22,521 | Blogger: unitedbiscuits's blog
I accept all conditions towards extending the lease of a property by 90 years, except one. Ground rent is to be raised to £50pa..Pretty innocuous? I agreed, and put my signature on the lease agreement. But my solicitor told me that the base of £50 was to be retrospectively dated to 1971, meaning that my current ground rent would be £200. Forward calculations show that the total repayments to the property company owning the freehold to this block of flats would total between half a million and one million pounds. The property is worth £80,000. The ground rent is £10pa rising by £10 every thirty-three years.
Two questions:
Any reason why I shouldn't abandon negotitiations and and go straight to statutory
arbitration?
If I had agreed to terms, before this realisation, what redress would be open to me?
Thanks in advance.
Pause Switch to Standard View Lease extension. Advice appreciated..
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Report unitedbiscuits January 24, 2014 9:53 PM GMT
Forgot to add £50, doubling every 20 years.

Still looks pretty harmless, no?
Report Dr Crippen January 25, 2014 1:03 PM GMT
I thought that ground rent was brought down to zero when you extended your lease by 90 years.

Something isn't right here.
Report unitedbiscuits January 26, 2014 6:17 PM GMT
Thank you Dr Crippen.

http://www.lease-advice.org/information/faqs/faq.asp?item=96

The nub of it seems to be that a lease-extension negotiated with the freeholder allows the ground rent doubling mechanism, but the statutory route does not.
I'll keep the post updated, as it could prove a timely warning for someone in the same position - among the four occasional viewers left on this forum.
Report unitedbiscuits February 11, 2014 6:43 PM GMT
THEIR solicitors (who are being paid by me) mislaid the letter stating that terms were "wrong", and a reply is expected soon.
Don't trust the other side at all now, and fully expect to go down the statutory route. Any advice appreciated.
Report unitedbiscuits February 20, 2014 6:00 PM GMT
For anyone who may be interested: I'm taking it to arbitration. I've been so lucky: agreed to everything, signed the contract, sent the money to my solicitor's client account. But the landlords had to try and gild the lily, by back-dating the ground-rent doubling mechanism forty years. My solicitor balked at that. Hubris.
Report marychain1 April 22, 2014 12:53 PM BST


Coming hot on the heels of last weekend’s Amstel Gold Race, and Wednesday’s Fleche Wallone, we have Liege-Bastongne-Liege this Sunday. Known as the “Old Lady of Classics” or “La Doyenne”, this year’s version is the 100th version of the race. King Philippe of Belgium (the actual King, not Gilbert) will see the riders off, and the route has been designed to take in some of the classic climbs of the race’s history.

La Doyenne Des Classiques


These Ardennes Classics are where the punchers and climbers come to the fore, and several of these will look to join the list of famous names that have won the race, including Gilbert, Vinoukourov (twice), Valverde (twice) and Andy Schleck in recent years. The race has as much climbing as many Alpine Stages of the Tour de France, and with it's daunting climbs and terrifying descents, Liege-Bastogne-Liege is a fearsome test.

Almost all the climbs vary in gradient from section to section, making a balance between power and stamina a must, and gear choice crucial. There are two climbs towards the closing kilometres. The penultimate climb is with about 5k to go is 1.2k at 8.6%. The finish at Ans is at the top of a climb, the last 1.5k averages 5.3% but in reality the last half kilometre are just false flat, and the section before that is steeper.

Last year Dan Martin won, beating off Purito Rodriguez after following his attack then attacking past him once it flattened out towards the line. Watch the final few kilometres of Dan Martin's 2013 win here https://www.youtube.com/watch?v=M4O5bb2XDdc



Past winners
2013   
MARTIN Daniel

RODRIGUEZ Joaquim
VALVERDE Alejandro

2012
IGLINSKIY Maxim

NIBALI Vincenzo
GASPAROTTO Enrico

2011   
GILBERT Philippe

SCHLECK Fränk
SCHLECK Andy

2010   
VINOKOUROV Alexandre

KOLOBNEV Alexandr
VALVERDE Alejandro
GILBERT Philippe

2009   
SCHLECK Andy

RODRIGUEZ Joaquim
REBELLIN Davide

2008   
VALVERDE Alejandro

REBELLIN Davide
SCHLECK Fränk

2007   
DI LUCA Danilo

VALVERDE Alejandro
SCHLECK Fränk

2006   
VALVERDE Alejandro

BETTINI Paolo
CUNEGO Damiano

2005   
VINOKOUROV Alexandre

VOIGT Jens
BOOGERD Michael

2004   
REBELLIN Davide

BOOGERD Michael
VINOKOUROV Alexandre

2013 Liege Bastogne Liege Placings
1    MARTIN Daniel
Garmin Sharp
6:38:07
2    RODRIGUEZ Joaquim
Team Katusha
0:03
3    VALVERDE Alejandro
Movistar Team
0:09
4    BETANCUR Carlos
AG2R La Mondiale
,,
5    SCARPONI Michele [www.procyclingstats.com]
Lampre-Merida
,,
6    GASPAROTTO Enrico
Astana Pro Team
0:18
7    GILBERT Philippe
BMC Racing Team
,,
8    HESJEDAL Ryder
Garmin Sharp
,,
9    COSTA Rui
Movistar Team
,,
10    GERRANS Simon
Orica GreenEDGE
    ,,
11    VAUGRENARD Benoit
Equipe Cycliste FDJ
    ,,
12    ANTON Igor
Euskaltel - Euskadi
,,
13    BARDET Romain
AG2R La Mondiale
,,
14    NOCENTINI Rinaldo
AG2R La Mondiale
,,
15    NORDHAUG Lars Petter [www.procyclingstats.com]
Blanco Pro Cycling Team
,,
16    HENAO MONTOYA Sergio Luis
Sky Procycling
,,

Liege Bastogne Liege 2014: The Climbs
•    Km 70.0 - Côte de La Roche-en-Ardenne2.8 kilometre-long climb at 6.2%
•    Km 123.0 - Côte de Saint-Roch1 kilometre-long climb at 11.1%
•    Km 167.0 - Côte de Wanne2.8 kilometre-long climb at 7.2%
•    Km 173.5 - Côte de Stockeu1 kilometre-long climb at 12.4%
•    Km 179.0 - Côte de la Haute-Levée3.6 kilometre-long climb at 5.6%
•    Km 201.0 - Côte de la Vecquée3.1 kilometre-long climb at 6.4%
•    Km 218.5 - Côte de La Redoute2 kilometre-long climb at 8.9%
•    Km 231.5 - Côte des Forges1.9 kilometre-long climb at 5.9%
•    Km 243.5 - Côte de La Roche-aux-Faucons1.5 kilometre-long climb at 9.3%
•    Km 257.5 - Côte de Saint-Nicolas1.2 kilometre-long climb at 8.6%

2014 Liege Bastogne Liege Best Prices here: http://www.oddschecker.com/cycling/one-day-classics/liege-bastogne-liege/winner

The Contenders:
Report scissors April 22, 2014 10:47 PM BST
Good luck --
That extra clause does sound naughty --
But the time to query things is before signing them --
From what you say it Looks like you are able to go
Down the statutory route-- which i find rather strange--
For When is a signed contract not a signed contract ??....
Weird...
But if you can ..treat it as a lesson learned --
= Read the small print before signing anything !!
Report scissors April 22, 2014 10:48 PM BST
and Good luck in the Tour de France !!
Whoever that ^^ is Laugh Laugh
Report unitedbiscuits April 23, 2014 9:09 PM BST
Thank you scissors - events have taken a twist:
1) My solicitor has been "retired"  by the SRA. Basically, I'm back at square one having lost fees to both my landlord's solicitor and my own.
2) I'm going to go down the statutory route with a new solicitor.
3)I shall always be grateful to the struck-off solicitor for querying the terms of the lease as it was finessed AFTER my signature. And he returned the payment to be made for the lease extension to me. As you say, scissors, and anyone reading :- Lesson learnt. The last people to trust are landlords.
Report scissors May 16, 2014 8:43 AM BST
Have you walked into a citizens advice bureau ?
They have solicitors who offer free advice on
Legal matters.
Just tell them it is stressing you out.
Do you have house insurance with legal
Cover ?
This is what it is for .
Report scissors May 16, 2014 8:45 AM BST
I pay a very small additional premium on my house
Insurance -- that gives me £2 million of legal costs--
Any b****** trying it on with me had better be rich. Grin
Report scissors May 16, 2014 8:48 AM BST
Ps - i am a landlord btw
We are not all crooks and charlatans Happy
Report unitedbiscuits June 1, 2014 6:10 PM BST
My experience is that a landlord views negotiation as a sign of weakness, so go down the statutory route.(If you make the mistake of negotiating an extension - one can still use the statutory route, and should)

My landlord was .. this close to ripping me off. Then his greed kicked in and he asked for double and double again.

My landlord is in possession of a personally signed lease entitling him to double my ground rent every twenty-years from 1971. Unfortunately for him, he can't enforce it, as I didn't pay the premium.
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