Our Missing Shares Service is available to assist a majority of flat owners to carry out common repairs when the other responsible owners are unable or unwilling to pay their share of repair costs (common areas of a tenement or block of flats only). Non-payment or lack of co-operation can hold up much needed repairs. Depending on the circumstances, the Council can choose to pay a missing share on behalf of an owner and recover the contribution. This means that owners can then proceed with getting much needed repairs carried out to keep their property in a good state of repair.
Once we receive a missing share application, we will contact any owner who has not paid into the account.
Owners who have not paid may be asked to provide details of their financial situation before the Council will make a decision on whether to contribute a missing share or not.
Owners who have not paid will also be advised of how the Council recovers the missing share along with interest and fees that apply.
If a missing share has to be paid on a property owned by a landlord their status as a fit and proper landlord may be affected.