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Retaining wall on street front of cross lease property

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  • olliestyles
    Freshie
    • Jul 2008
    • 78

    #1

    Retaining wall on street front of cross lease property

    Hi team,

    My one and only IP needs a revaluation to access the capital locked within. I believe a small retaining wall at the front of the property would add to the street appeal. My house is at the front with two others behind in a row. As this would also benefit the other cross lease owners (two other houses), I feel they should contribute. I am certain (though I could be wrong) that both will not be interested in contributing. Does anybody know where I stand legally?

    Regards,
    Ollie
  • Neongreen
    Opinionated
    • Apr 2011
    • 151

    #2
    From my interpretation of things, you can't force them to put in money if they don't want to. Especially since it's for YOUR gain.

    Comment

    • Fuzz
      Freshie
      • Jun 2005
      • 37

      #3
      First thing you need to check is the lease agreement for the cross lease, that should indicate for you the cost contribution ratios and when they apply. If you dont have the lease agreement you need to get it from the Land Registry Office.
      Property Management Solutions

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      • essence
        Fanatical
        • May 2004
        • 3578

        #4
        Work on the assumption that you're not going to get any money, that way you won't be disappointed!!

        I don't believe you can make someone to pay to a fence that is only cosmetic and you'd be the only one reaping the benefits. It would be difference if it was a shared fence between neighbours.
        Patience is a virtue.

        Comment

        • Ivan McIntosh
          Fanatical
          • Dec 2010
          • 1377

          #5
          I doubt you can compel them to pay for non-essential work, although it depends on the wording of your cross-lease.

          Make a good valuation case to your neighbours and see how you go. Again, although it depends on the wording of the cross-lease, you will probably need their consent even to do the job at your own cost.

          Comment

          • olliestyles
            Freshie
            • Jul 2008
            • 78

            #6
            Thanks all for your replies

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