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Wednesday, February 27, 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...

Wednesday, February 27, 2019 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, February 27, 2019 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, February 27, 2019 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...

Wednesday, February 27, 2019 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 ...
Wednesday, February 27, 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...

Wednesday, February 27, 2019 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, March 22, 2019 Sharon Crossland AIRPM Legal Matters: PRS Legislation

The Tenant Fees Act 2019 sets out the government’s approach to banning letting fees paid by tenants in the private rented sector and capping tenancy deposits. It will come into force on 1st June 2019 in England only (but it will be able to be extended to Wales).

Note: the Bill is currently passing through Parliament.

It aims to reduce the costs that tenant can face, not just at the outset of a tenancy but throughout. The cost will be clearly visible in the advertised rents with hidden costs b...