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Sunday, December 09, 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 la...

Wednesday, December 05, 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, December 05, 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...

Wednesday, December 05, 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...

Wednesday, December 05, 2018 Bob Smytherman Guest Contributors

Leasehold Life is very pleased to publish the personal story of Bob Smytherman, Chairman of the Federation of Private Residents’ Associations who has been campaigning tirelessly for the rights of leaseholders for over twenty years.

“Within a few months of moving into my flat, I received a large unexpected bill for the replacement of the flat roof of our block. This was despite receiving assurance during the purchasing process that all the roofs were repaired two years earlier following damag...

Wednesday, December 05, 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...

Wednesday, December 05, 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...

Wednesday, December 05, 2018 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...