Statutory consultation (Section 20)
If a leaseholder’s individual contribution to the cost of any service contract work or day-to-day repair is likely to cost them more than £250 in a year, we must consult leaseholders on the work intended and explain why we need to do it and the likely cost. We may also have to give leaseholders the opportunity to nominate a contractor(s) to carry out the work.
If we intend to set up contracts for more than 12 months, where the cost to any leaseholder is likely to be more than £100 in any year, then we must also consult as above. Depending on the value of the contract, we may also have to advertise the contract in the EU.
This area of legislation can be complex and for more detailed information we suggest you
contact a solicitor or:
LEASE (The Leasehold Advisory Service)
31 Worship Street, London, EC2A 2SX
T: 020 7374 5380
W:
www.lease-advice.org.uk
E: info@lease-advice.org