In December, membership forms were delivered to residents. At the time of writing, membership of Herbert Collins Estates Ltd. stands at 104. If anyone has mislaid their form and needs a replacement, please email us.
Woodhill Properties Ltd. has decided to register the land prior to transfer of the estate to us. It will take some time to examine the tenure of every property and piece of land, discover what is and is not already registered and assemble all the documents. When the Land Registry receives the application, their target time for completion of first registration is 25 working days, but the current average time is 60 working days. Ours is complicated, so expect it to take a long time.
We have also heard from Woodhill Properties to say they are invoicing for ground rents up to 2017 but are not inviting lessees to pay 5 years in advance.
If you have not yet offered to contribute to the purchase of the estate, we would very much like to hear from you.