Follow

Tuesday, January 15, 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, January 15, 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...

Tuesday, January 15, 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 ...

Tuesday, January 15, 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...

Tuesday, January 15, 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 ...
Tuesday, January 15, 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, January 15, 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...

Tuesday, January 15, 2019 Mark Hawthorn Guest Contributors

There is a market where a small group of professional landlords buy up freeholds as long-term investments. Leasehold Life is very pleased to collaborate with new guest contributor Mark Hawthorn, owner and Director of Bolton-based Landmark Investment Group where he explains this little understood market further.

Leasehold Life starts off the article.

There are 4 main areas of a lease where the ground rent investor freeholder can capitalise on his investment, starting with the most obvious; gro...

Sunday, January 20, 2019 Sharon Crossland AIRPM Common Area Management

The management of the common areas of blocks of flat is the remit of freeholders as they own them. This makes them responsible for the upkeep of the structure, the roof, the land the building stands on, foundations, load bearing walls, gardens, landings, paths, gates, fences, drives, stairways, and any other outbuildings. Inside they own things such as the plant rooms, lift motor rooms, and meter cupboards and any other areas that are not owned by each leaseholder.
Freeholders are also respon...