Follow

Tuesday, August 14, 2018 Sharon Crossland AIRPM My Leasehold Life

Leasehold tenure has been in the mainstream news for quite some time now due to the efforts of campaign groups such as the Leasehold Knowledge Partnership and the National Leaseholder Campaign highlighting the gross unfairness of the tenure. Onerous ground rents, third party management problems and with the balance between profit and ‘reasonableness’ becoming ever wider, leasehold has also been recently announced as being included in the Law Commission’s 13th Programme of Legal Reform. My sto...

Wednesday, August 08, 2018 Mark Chick Guest Contributors

Leasehold Life is very pleased to publish this exclusive 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 addresses a lot of ‘consumer concerns’ arising when people want to buy a short lease flat and then need to serve notice.

So, you have found the dream flat and made your offer and it has been accepted – and then, someone starts mentio...

Wednesday, August 08, 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 ...

Wednesday, August 08, 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...

Wednesday, August 08, 2018 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.

F...

Wednesday, August 08, 2018 Shamin Kashem Guest Contributors

The following article from guest contributor Shamin Kashem, Solicitor at award winning HPLP, highlights the situation that some leaseholders find themselves in when they want to buy the freehold but the freeholder owns and lives in one of the other flats in the block. 

Different scenarios will be illustrated by starting off on the basis that the flat owner would not qualify because of the “resident landlord exemption” which is set out in s10 of the Leasehold Reform Housing and Urban Developme...

Wednesday, August 08, 2018 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.

...

Wednesday, August 08, 2018 Katie Cohen Guest Contributors

Katie Cohen is a Partner at Child & Child as well a a full member of the Association of Leasehold Enfranchisement Practitioners (ALEP).

For this article, Katie focuses on how leaseholders can acquire the freehold from a bankrupt freeholder.

A bankrupt individual is someone who has been adjudged by an order of the court as being unable to pay their debts. An individual who believes they are insolvent may petition the Court for their own bankruptcy or a creditor may issue a bankruptcy petitio...

Sunday, August 19, 2018 Sharon Crossland AIRPM Freeholders

After the Second World War, the only viable way to build was that of flats as it was more economical to build upward then outward through building houses. The Law of Property Act 1925 had abolished most of the legal estates in place at that time and kept only two: freehold and leasehold. The long lease as we know it was created by freeholders when they realised that if they wanted to keep their freeholds but sell their flats at some point in the future to raise outright capital (the rental m...