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Freehold Title Splitting – Where Do I Start?

By Bernie Wales / 12th May 2014 / 0 Comments

My Telephone Consultation Service tends to keep me fairly busy with all kinds of questions to do with my area of expertise.  This time the question was about how to get started down the road of freehold title splitting. Here’s what I had to say; Dear ????? Thank you for your questions about getting started down the…

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My FREE Download – Perfect if You’re Selling a Flat With a Short Lease

By Bernie Wales / 2nd May 2014 / 0 Comments

I’ve just released my latest FREE download, which I’ve written to help people faced with a specific issue that more and more have to face … selling a flat with a short lease. No-one looks back on that awful moment when their Estate Agent tells them that they have a Short Lease with anything other than gloom.…

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Is The Dog Next Door Driving You Barking Mad?

By Bernie Wales / 23rd April 2014 / 0 Comments

Leasehold problems or issues come in all shapes and sizes but issues over dogs in flats are fairly common. I recently received a letter from a leaseholder with some concerns over the fact that a neighbour is keeping a large dog in their flat. Being based in Wales, there are some differences in the law and the…

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Here’s an Interesting Question About Title Splitting – But it’s Not What you Think

By Bernie Wales / 16th April 2014 / 8 Comments

Here’s another great question from my Telephone Consultation Service. This time it’s regarding Title Splitting, although there is a bit of a twist to this one, so, many thanks to Keith for an excellent question; “Hi Bernie.  I wondered if I can do title splitting on a property where the owner doesn’t own the freehold. I’m asking…

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Short Leases and Defrauding HMRC

By Bernie Wales / 31st March 2014 / 0 Comments

Here’s another great question from my Telephone Consultation Service.   This time it’s regarding some very short leases and you can see my response, below; Dear ????? Further to our discussion about your leaseholder owned freehold company and your need for lease extensions. I note you said your leases have an unexpired term of around 50…

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How Do You Respond to a Section 5 Notice?

By Bernie Wales / 14th March 2014 / 0 Comments

I’ve just had another question come in, thanks to my Telephone Consultation Service.  This time the question was about how to respond to a Section 5 Notice? Dear ????? Further to our discussion about the Section 5 Notices you and your neighbours have received recently – which stated a freehold purchase price of £7,200 … and…

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Extending the Lease on a House

By Bernie Wales / 27th February 2014 / 0 Comments

I’ve just had a question about extending the lease on a house, thanks to my Telephone Consultation Service.  Whilst houses are not specifically my area of expertise, you just need to follow the correct procedure.  Here’s my response; Dear ???? Thank you for your enquiry about extending the lease on a house your are wanting to…

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The 3 Biggest Mistakes to Avoid When Buying a Leasehold Flat

By Bernie Wales / 26th February 2014 / Comments Off on The 3 Biggest Mistakes to Avoid When Buying a Leasehold Flat

The first seven weeks of 2014 have seen winds which make your face look like it’s skydiving, rain which must have given God the largest water bill of all time, and floods the like of which haven’t been seen since Noah’s day. It’s all been rather depressing. But in seven weeks from now, we’ll be…

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Unregulated Collective Investment Schemes – FCA PS13/3

By Bernie Wales / 18th February 2014 / 0 Comments

In the property investment world, by far the biggest talking point throughout January was FCA PS13/3 – the latest Policy Statement relating to Unregulated Collective Investment Schemes.  To the outside world it’s a great cure for insomnia, but it sent many property investors into a panic. There were even webinars and articles entitled “RIP  Joint…

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Buying the Freehold When You're on Your Own

By Bernie Wales / 12th February 2014 / 0 Comments

Here’s a question about buying the freehold of a block of three flats that’s come to light via my Telephone Consultation Service.  As with many of the questions I receive, there is a challenge that needs to be overcome, you just need to follow the correct process; Dear ?????, Thank you for your enquiry about buying the…

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