Leasehold
I received a query recently from someone who was looking to buy a flat with a “lease extension needed”. There was an 83 year lease and they wanted to get the lease extended. They told me it looked as though the freehold was held by a company that was equally owned by the leaseholders of…
A few months ago I saw this request for advice on a ground rent debt issue on the Property118 forum and responded with my thoughts at the time. I thought you might find it helpful too, so here is a summary of the question, followed by my advice in full… Having invested in 2 units…
Last week was Mental Health Awareness Week and the Institute of Residential Property Managers published its second Wellbeing Survey … which had little to be happy about. I wanted to contribute to the discussion but wasn’t ready to do so at that point. Tomorrow is World Bee Day and, as a beekeeper, I wanted to…
Every couple of months I get a little flurry of consultation appointments about the same flat – different people booking – same leasehold property. It happens when there’s an auction lot where the property has an ‘ultra-short lease’. In March there was one with 12 years. Next month there is one with 15 years. It’s interesting…
I recently received a query about some of the specifics and timing of appointing new Directors and a Chairman to the Board of a Residents’ Management Company. Although not able to provide bespoke advice as I did not have access to the specific Memorandum and Articles of Association for this particular company, I was able…
Hosting the Leasehold Reform Panel discussion at the Property Investor Show was a request I was pleased to accept. Watch the recording to see the whole event.
I spotted this question on the Property Tribes forum recently and thought the answer I posted there may be of help to my subscribers too. it’s about who is responsible for fixing a leak. The question was from a landlord whose tenant had advised that her bathroom lighting had failed and there was a stain…
Building Safety Bill – April 2022 Update The Building Safety Bill is working its way through Parliament, slowly. But in recent days there has been an amendment that could result in the compulsory need for a Building Safety Manager on all high-risk residential buildings being removed. Their duties will instead lay with the “Accountable Person”,…
In this latest video in Bernie’s content collaboration with Property Tribes we talk about what leaseholders can do if the management company is basically useless. If you feel that the managing agent is not maintaining the block properly, not dealing with issues such as anti-social behaviour that can arise in communal areas, those kind of…
The supremely wise and experienced legal eagle; Amanda Gourlay provided a brilliant analysis of a recent case in the Upper Tribunal … Brett -v- Harlow Court Ltd [2022] UKUT 52 (LC). It provides a lesson for all resident company directors and their managing agents – in fact, several lessons. When it comes to interpreting the…