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Articles

2562 Thank Yous

By Bernie Wales / 5th January 2023 / Comments Off on 2562 Thank Yous

As some of you will have read in my article on 22nd December 2022 … and my original article on 24th June 2022 … over the last six months I’ve been promoting my petition for the Regulation of Property Agents; #ropa. It’s been an interesting six months and as those two articles illustrate, my opinion…

Regulation Is Not Wanted

By Bernie Wales / 22nd December 2022 /

The petition I started in June needed 10,000 signatures for the government to take notice. Messages from leaseholders and property professionals indicated support from both sides of the divide. I was therefore anticipating backing from leasehold related groups, but only just over 2,500 have signed – so, evidently, regulation is not wanted. Six months ago,…

A Time Of Change

By Bernie Wales / 15th December 2022 /

This is the time of year when businesses look back at the past year and all they have achieved – alongside looking forward to the next year and the resolutions they intend to keep. It’s a time of change – a time to ditch the old and embrace the new. And it’s no different for…

A Right To Manage Company Is Not The Landlord

By Bernie Wales / 5th December 2022 /

Legal proceedings brought by a Right to Manage Company against a leaseholder in respect of two lease breaches – failed in the First-tier Tribunal AND the Upper Tribunal. This was a costly error by the RTMCo Directors and Members, who did not appreciate the limited extent of their remit. A Right To Manage Company Is…

Leasehold Management Company Problems

By Bernie Wales / 29th November 2022 /

When you Google the phrase “Leasehold Management Company Problems” you’ll get around 1,660,000 results … which sort of implies there are a lot of problems … and they’ve been around for as long as the internet. I think that’s a true deduction because there on the first page of the results is a link to…

7 Things To Find When You Read Your Lease

By Bernie Wales / 25th November 2022 / Comments Off on 7 Things To Find When You Read Your Lease

If you’re a long-leaseholder, it is important to understand what your lease terms mean. This article highlights the top 7 Things To Find When You Read Your Lease – and why those things are important to understand. By understanding your lease, you can help to make sure that your leaseholder experience is a positive one.…

Voluntary Lease Extension – A Practitioner’s Thoughts

By Bernie Wales / 9th November 2022 /

. Leaseholders do not always have to force their landlord to give them a lease extension, using the section 42 statutory process. There are many landlords who are willing to negotiate and agree a voluntary lease extension. Katie Cohen, a Partner at Keystone Law, provides her thoughts on this often-used alternative route.   Leasehold is…

Leaseholder Protections : Building Safety Act 2022

By Bernie Wales / 8th November 2022 / Comments Off on Leaseholder Protections : Building Safety Act 2022

In January 2022, Michael Gove made a bold statement; “Leaseholders Won’t Pay” for remediating unsafe buildings. The ‘leaseholder protections’ embodied in the Building Safety Act 2022 have started to bring that bold statement to fruition … or have they? Michael Gove embarked upon his bold new plan to protect leaseholders and make wealthy developers and…

Self-Management of a Leasehold Block of Flats

By Bernie Wales / 3rd November 2022 /

There are many leaseholders who believe that self-management of a leasehold block of flats is simple. Whether they’re in a large or small block, they are unhappy with the managing agents for some reason. Change is needed and self-management is that change.  Anyway, how hard can it be? The reasons for discontent are many and…

Statutory Lease Extension : Flats : The Basics

By Bernie Wales / 31st October 2022 /

When you buy a flat in England or Wales it is usually bought on a lease. This means you own it for a specific number of years; for example, 125 years. Consequently, leases which were granted in the early 1980s are now hitting the 80 year mark. And in the run-up to that 80 year…