Leasehold Advice

Why Should I Bother Extending The Lease On My Flat?

The first thing to appreciate is that, a leasehold development is a 'wasting asset'. Nearly all buyers of properties trust the value will rise as the market goes up. But this is not always automatically true, chiefly if you have a shorter lease. To find o... Read >

Commonhold Fact Sheet For Flat Owners

Most buyers of flats are relatively familiar with the concept of leasehold and are aware that they can exploit the law to assist them acquire their share of freehold. Another choice hypothetically is a conversion to Commonhold. But all is not as straightf... Read >

Why Does Lease Length Matter For Flats And Houses?

A lease of 100 or more years rarely is an issue for the common flat-owner. With leases exceeding 100 years, the worth of the flat is much the same, whatever the number of years remaining. In the main the length of the lease is very much more than the majo... Read >

What Is The Cost Of The Average Lease Extension

What is the cost of the average lease extension The primary principle to understand is that, should you never extend the lease on your flat, it will eventually run down to zero and then the apartment will 'revert' to the freeholder. In other words, you... Read >

Leasehold Flats: What Transpires When Lessees Can't Locate The Freeholder?

If you own a leasehold residential flat in the UK one may want to make contact with the freeholder (referred to as a 'landlord' in legal parlance) for a whole range of reasons. Perhaps you wish to extend their lease length, possibly one and a group of nei... Read >

Timetable And Procedures When Buying The Freehold Of Your Block Of Flats

Timing is vital in the event that you are buying the freehold of your apartment block so as to forestall substantial additional outlay. One of the most widespread causes for failing to acquire the freehold of a block of flats (when being permitted to do s... Read >