I was in the throws of taking my LL to court for damages.All papers served on the LL and the court applications have been made.
Cost to the LL to settle the case today 11k.
Cost if LL goes to court further solicitor fees est 15k plus 6k damages plus 11k punitive damages.
Managing agent called me last week and asked what it would cost to settle.I told them 11k which is my sol cost plus the damages.
I threw in a curve ball and said I would also be willing to settle the case if the gave me a grant of a licence to use part of the loft space above my property for storage.
Total space about 11m by 6m approx.
Licence would run along side my existing lease 170 years.
I am going to try and insist that I am allowed to install a proper set of stairs and velux window.
If they will not grant that then I will not be interested.
Its a large 4 bed mansion flat in North London.
These are my questions.
Would there be any added value to the property.
What other things should I insist on for the licence.
Is 11k over the top for the price ?
I will also insist that the cost of the licence is covered by them. I will pay my solicitor to make sure its all in order.
Cost to the LL to settle the case today 11k.
Cost if LL goes to court further solicitor fees est 15k plus 6k damages plus 11k punitive damages.
Managing agent called me last week and asked what it would cost to settle.I told them 11k which is my sol cost plus the damages.
I threw in a curve ball and said I would also be willing to settle the case if the gave me a grant of a licence to use part of the loft space above my property for storage.
Total space about 11m by 6m approx.
Licence would run along side my existing lease 170 years.
I am going to try and insist that I am allowed to install a proper set of stairs and velux window.
If they will not grant that then I will not be interested.
Its a large 4 bed mansion flat in North London.
These are my questions.
Would there be any added value to the property.
What other things should I insist on for the licence.
Is 11k over the top for the price ?
I will also insist that the cost of the licence is covered by them. I will pay my solicitor to make sure its all in order.