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Leasehold
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,…
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…
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.…
Back on 28th January 2022, the former secretary of state, Michael Gove, asked the Financial Conduct Authority (FCA) to carry out a review of buildings insurance. The consequent FCA report on insurance for multi-occupancy buildings was published at the end of September, following a comprehensive review and an exploration of how to provide better value…
One of the regular themes I see on my Leasehold Advice Facebook Group can be summed up in one question … “Can Service Charges Be Disputed?” The members of the group have all sorts of questions and all sorts of scenarios, but very few of them have actually got a formal ‘service charge dispute’. And…
Last week I attended the IRPM Fellows Day. Alongside the old-timers like me, it was good to see a wide cross-section of property managers from throughout England – diverse, but all experienced and competent. We discussed several subjects to do with leasehold reform, building safety changes, IRPM + ARMA = The Property Institute, and the…
In the world of leasehold flats, “What is a sinking fund?” … or … “What is a reserve fund?” … are regular questions, for me and for property managers more generally. The answer, in short, is … “Money which is put away in the cheap years to pay for major works in the expensive years”.…
If there’s one thing I can rely upon in the world of leasehold – whether it’s the posts on my Leasehold Advice Facebook Group or the topics of my consultation appointments – it is knowing there will always be someone wanting advice about a service charge dispute. Every day … literally every day … a…
Getting a section 20 notice is often confusing and worrying for leaseholders, particularly where they don’t understand the process surrounding a major works consultation. In this video, a question is raised by one of Bernie’s Leasehold Lessons trainees who is concerned the managing agent and landlord have not completed the process properly. Bernie explains how…
When I was a child, the start of September saw me feeling scared … and excited … both at the same time. It was a time of new beginnings and the same old problems. Grammar school and Bernie did not fit together well. But half a century later – property education and Bernie makes me…