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COVENANT ADVICE -
We have now received advice from our Barrister and have analysed the information.
Over the past 7 years that the association’s solicitor has been acting on behalf of BERA's members, not one of the many alteration/addition covenant cases he has taken up for them has resulted in the payment of a premium. Notably in many cases where the freeholder was demanding premiums of £50,000, £15,000 plus, £30,000 and £5,000 ultimately these cases resulted in no premiums being paid by our members.
In one case in 2008 Pier Management emailed our solicitor confirming "The fee of £3,500 will not be applicable in this or any other alteration case handled by your firm, purely our administrative costs will be applicable."
Therefore
Don't go it alone. Speak to Ron Woodley first.
With our Solicitor and the information from our Barrister, we have and can save members thousands of pounds. |