It is not that simple - not all leaseholders who are shareholders in the management company holding the freehold will have similar views or interests.
The management company cannot impose changes to individual leases - there is a legal process or company law process involved.
Leaseholders may well have very different views - eg:
- an owner occupier may be concerned to have a desirable place to live, a buy to let owner with tenants may seek to maximise their return
- a young working owner may be more willing to spend to increase the value of the property, a pensioner may want to minimise expenditure
Car chargers may be a good example of the conflict. Non-driving pensioner will not want to spend the money. Buy to let owner may be happy to spend as it makes the property a more marketable asset. Owner with green aspirations or EV driver will definitely want to invest in on-site charging.
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Share of Freehold and Lease new