Follow

Friday, May 11, 2018 Mark Chick Guest Contributors

With the current press interest surrounding the issues of ground rent, Leasehold Life is very pleased to publish this timely article from Mark Chick, property expert, specialist leasehold solicitor and a Partner at Bishop & Sewell LLP. Mark is also a Director of the Association of Leasehold Enfranchisement Practitioners (ALEP).

Here Mark explains what ground rent is for and why it is so popular with landlords.

Put very simply a ground rent is a sum of money payable under a lease to the landlo...

Friday, May 11, 2018 Peter Rudd Guest Contributors

Leasehold Life is very proud to introduce new  company, under80. who specialise in providing a tailored and bespoke service to leaseholders who have 80 years or less on their leases. Founded by Managing Director Colin Horton BSc (Hons), Head of Operations and co-founder Peter Rudd AIRPM, this article breaks down what happens when this crucial point is reached.

This a very significant point in a number of ways not least because the majority of leaseholders’ anticipate the value of their asset ...

Friday, May 11, 2018 Mark Chick Guest Contributors

Mark Chick is a property expert, specialist leasehold solicitor and a Partner at Bishop & Sewell LLP. He is also a Director of the Association of Leasehold Enfranchisement Practitioners (ALEP) Here, Mark has written an exclusive for Leasehold Life where he focuses on a key element of the valuation calculation used to work out the cost of extending a lease or purchasing the freehold, that of deferment rate.

Part of the valuation calculation to work out what the premium to extend your lease or ...

Friday, May 11, 2018 Mark Chick Guest Contributors

Mark Chick is a property expert, specialist leasehold solicitor and a Partner at Bishop & Sewell LLP. He is also a Director of the Association of Leasehold Enfranchisement Practitioners (ALEP). Here, Mark has written a follow-on article to some background content that he provided to the Guardian on the 8th May 2014, explaining what happens next where a flat originally held on a long lease (99 or 125 years) is running down to the point where it will ‘expire’ – i.e. simply run out.

If both the...

Friday, May 11, 2018 James Cooke Guest Contributors

James Cooke MA, is Director of Your Home Property Management and for this article he looks at the inherent conflict that arises over the need for health and safety versus the desire for aesthetics like landscaped gardens.

The art of Property Management is all about balance and the best property managers are skilled in negotiating resolutions between these competing needs, often against limited resources.

Leaseholders

Leaseholders want to see funds spent on those initiatives that look great, a...

Friday, May 11, 2018 Katie Cohen Guest Contributors

Katie Cohen, a former Partner at JPC Law is now a Partner at Child & Child and is also a full member of the Association of Leasehold Enfranchisement Practitioners (ALEP).

Katie’s article focuses upon the terms of the new lease which has been modified during the course of the statutory lease extension and under  s57 of the Leasehold Reform, Housing and Urban Development Act 1993 (“the Act”) is to be granted on the following terms:

  1. To be at a peppercorn ground rent (i.e. nil) for the entirety ...
Friday, May 11, 2018 James Cooke Guest Contributors

James Cooke MA is Director of Your Home Property Management and for this article he examines the complexities within the UK leasehold sector as he believes the legislation surrounding the residents of private block of flats is needlessly complex.

To make the case he starts by examining the kernel of the leasehold nut: the lease (roman maxim “let he who will be deceived, be deceived”).

The lease is a challenging read. The legalese seems designed to be confusing. Leases are written in English b...

Friday, May 11, 2018 Bob Smytherman Guest Contributors

Bob Smytherman is Chairman of the Federation of Private Residents Association and has been tirelessly campaigning for the rights of leaseholders for over 20 years. In this opinion piece he takes a look the Section 38 Highway Agreements (road adoption) and the very real possibility of leasehold (and possibly freehold) home owners being compelled to pay for road maintenance in addition to paying their Council Tax.

Section 38 of the Highways Act 1980 enables the Highway Authority to agree to ado...

Friday, May 11, 2018 Laura Severn Guest Contributors

Laura Severn is a Legal Executive and Operations Director and Head of Client Care at award-winning Brady Solicitors. In this article, Laura provides a succinct overview of the importance of Directors and Officers Liability insurance when leaseholders take on the role of RMC Directors.

Directorship of a company brings with it a number of demands and responsibilities and, as a director of a Residential Management Company, it’s essential to understand the scope of your role before agreeing to ta...

Friday, May 11, 2018 Laura Severn Guest Contributors

Laura Severn is a Legal Executive and Operations Director and Head of Client Care at award-winning Brady Solicitors. As well as supervising debt recovery, Laura is involved in maintaining and developing the company case management system and works flow. Directly available to clients and regularly advising on all issues surrounding ground rent and service charges, Laura is also the firm but fair “Enforcer” in monitoring service standards and key performance indicators.

Here, Laura takes a loo...

Wednesday, May 23, 2018 Sharon Crossland AIRPM Legal Matters

If a judgement has been made in favour of the freeholder and there has still been no payment it then becomes necessary to enforce the judgement through one of the courts, the principle enforcement methods being as follows:

1: Warrant of Execution

When a Warrant of Execution is submitted to the court they will then instruct Bailiffs to visit the property. Where the property is a leasehold flat then the bailiffs will send a report to the freeholder or the managing agent, advising on how many ...