A Tyneside lease, also known as a crisscross or crossover lease is where the leaseholder of each flat is also the landlord of the other flat.
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Anastasia Mavroudis from Bishop & Sewell provides us with some important advice about managing agents.
If you are thinking of purchasing a leasehold property, there is some important information you should gather about the property.
Many of the enquiries the Leasehold Advisory Service (LEASE) receives are from prospective purchasers of leasehold property.
Leases generally require leaseholders to contribute to insurance of their block, which is collected in one of two ways.
After a lease extension, in theory, the flat owner has some piece of mind by the fact that the landlord continues to maintain the building.
So, you have found the dream flat and made your offer and it has been accepted – and then, someone starts mentioning the lease.
The Crown Estate holds the freehold to a significant number of properties that are subject to residential leases.
Ground rents have always been a feature of leasehold life in England and Wales. Residential leases have traditionally contained these.
If you are a flat owner then you may have thought about buying the freehold or exercising the right to manage.