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We are a RTM compmany formed 3 years ago. We took over the RTM of a converted building in NW London because the Freeholder ( XXX Ltd A liberian company managed out of Jersey) issued us with a S20 Notice for £300K for works that we considered unnecessary. XXX Ltd is controlled by a UK group of companies, but hidden (one can only assume for tax avoidance). In the building there are 8 flats. 4 are owned by "friendly" leaseholders, and 4 by companies related either formally or informally to XXX Ltd and the UK Group. The UK Group has been trying to take control of the RTM. 4 of the flats are now registered at Companies House as the owned by the UK company, but the UK company accounts are non trading. On investigation, the UK Comapany acts as Nominee for the beneficial owners. The UK company has applied to become member of the RTM for the 4 flats. Q1. Can we force the UK Company to disclose the beneficial owners before letting them become members? Q2. If they become members, they will effectively have 5 votes - 1 as freeholder and 4 as lesees. The "friendly" leaseholders will only have 4. What protection is available to stop them from taking absolute control and spending £300K on the building? Additional info re the £300K costs. 4-5 years ago, the previous freeholder and leaseholder of what was then the roof space converted it to a "flat" without planning permission or building regs. Camden council now have an enforcement order for its removal and the Freeholder wants to charge this cost by way of service charges to the leaseholders - in addition to other over specified and over priced works. Many Thanks
I am happy to wait whilst you find a Professional.
OK, lets close and refund.