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Tuesday, June 11, 2019 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...

Tuesday, June 11, 2019 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 la...

Tuesday, June 11, 2019 James Cooke Guest Contributors

James Cooke MA is Director of Your Home Property Management and in this article he explains how leaseholders living in flats and apartments can effectively change their managing agent. Many leaseholders don’t realise they are in charge and can bring in new management and too many assume the management comes with the block.

Getting rid of poor property management companies is not easy. If it were you wouldn’t be reading this. And I wouldn’t be writing it! Before we get to the action plan we n...

Tuesday, June 11, 2019 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...

Tuesday, June 11, 2019 David Whitney Guest Contributors

David Whitney is a Solicitor at specialist Landlord and Tenant law firm PainSmith Solicitors who are described by Chambers and Partners as “a rarity in the UK as a true landlord and tenant boutique”. They are widely acknowledged as the leaders in the field, are accredited to the Law Society Lexcel and the Investors in People standards and provide training and legal services to “an impressive range of real estate clients”.

David also contributes to the PainSmith Landlord and Tenant Law Blog.

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Tuesday, June 11, 2019 Chris Alexander Guest Contributors

Chris Alexander is a property litigation solicitor at SA Law LLP who also writes the Leasehold Lawyer Blog giving commentary on issues in the world of residential landlord and tenant law.

‘Are these service charges mine?’ is an age-old question that comes up regularly in the months after leasehold purchase, and when managing agents/landlord’s chase arrears, complete the annual service charge accounts and issue deficit invoices.

The answer to this depends on whether the lease is an ‘old’ leas...

Sunday, June 16, 2019 Sharon Crossland AIRPM Leasehold: Service Charges

When it comes to the financial management of blocks of flats there are two types of accounts:

  1. The service charge accounts which cover service charges paid by leaseholders for the upkeep and maintenance of the common areas (which don’t have to be filed at Companies House);
  2. The statutory accounts of the resident management company which is company money (income) acquired by the payments of ground rent and lease extensions, which do have to be filed at Companies House).

Both types of accounts...