My Freeholder has stated that she paid £1.2m for a 99 lease for an upper maisonette, when if fact this was the price she paid for the Freehold. Has she broken the law?
Also, she owns a property company which is the Freeholder and she is the only director of. I am in the process of extending my lease and she has cited her upper maisonette as a comparable to raise the value of my flat, so she'll get a higher Premium. The case is going to Tribunal and they have put the Land Registry doc in the valuer's report.
Also, in my view it has 'rigged' the property market in my street, as since this false declaration on Land Registry, in 2012, there have been a number of record sales in my street.
If anything, I need to tell my valuer what to say about it at the Tribunal next week. My Freeholder is asking £45,000 for the premium and my valuer has put a value of £27,000 on a 90 year extension. I truly believe their false entry on Land Registry has had an impact on market values and this will go against me.
Please go ahead and find me an answer.
Please update me on your answer.
Please return my good faith deposit to the original funding source.