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Selling with a short lease can be overcome and this can increase the value and the marketability of a flat.
Valuable insights and practical advice from Residentsline on how flat owners can take proactive measures to prevent disputes. Prevention is always better than the cure. This old adage is absolutely correct when it comes to leasehold living. Neighbours living side…
2023 is a tricky but hopeful year for leaseholders. What does lease extension entail and how Michael Gove’s proposals may affect the sector.
Choosing the right solicitor is not like buying a new dress or suit – there won’t be an opportunity to try on as many as you like for size and comfort before taking the plunge on your final choice.
Lease extensions can be costly and sometimes complex. Choosing the right team to undertake the process is essential.
Thinking of extending your lease? Or maybe you’ve never thought about it and haven’t got a clue why you would need to or should?
What should a leaseholder who is thinking about a lease extension or enfranchisement do in the light of these proposals for reform?
Laura Severn, Director at LMP Law, answers one of the questions she hears time after time.
Tim Bishop Tackles Four Of The Questions Most Frequently Asked By Flat Owners. When it comes to lease extensions, most flat owners understand the basics but there are some aspects that are always flagged up.
Lee Stafford, Partner at Bishop & Sewell looks at making the right choice when choosing the best solicitor for you.
Nicole Muir, Tanfield Chambers and ALEP looks at why it is so difficult to reach an amicable solution with leasehold enfranchisement claims.
Ibraheem Dulmeer, Angela Alexiou and Matthew Price provide their round up of the 12 good rules you should follow with a lease extension.
Chris Glew from myleasehold provides a brief guide to equip you with a basic knowledge of the lease extension process.
Belinda Thorpe, Managing Director of Residentsline Insurance starts at the beginning with lease extensions.
If you are thinking of purchasing a leasehold property, there is some important information you should gather about the property.
Unpleasant surprises: Service charge disputes during lease extension and collective enfranchisement claims
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 process of leasehold enfranchisement provides a flat owner with the opportunity to extend the term of their lease.
Most claims complete in a more or less satisfactory manner on terms agreed through negotiations between the parties.
Katie Cohen explains why flat owners should make sure they understand the implications of lease length.
The right under the Leasehold Reform, Housing and Urban Development Act 1993 is to add 90 years to what is left on your existing lease.
The valuation formulae are complex but are primarily based on compensation for loss of ground rent and the length of the unexpired term.
The Law Society of England and Wales is advising leasehold property owners to take advantage of lower property values and extend their leases.
One way of obtaining a long lease is to collaborate with other owners in the building to exercise the right to collective enfranchisement.
Selling with a short lease can be overcome and this can increase the value and the marketability of a flat.