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Purchasing Freeholds

Cabinet Reshuffle Delays Ground Rent Ban … ?

By Bernie Wales / 30th April 2018 / 2 Comments

When Sajid Javid announced on 21st December 2017 the government’s intention to ban ground rents on houses and all new flats, I emailed everyone on my database. A month or so later I emailed again to express concern that Sajid Javid was one of those rare MPs who actually does something. Well, that positive trait…

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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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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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Absentee Freeholder – What Can You Do?

By Bernie Wales / 27th January 2014 / 45 Comments

As you, probably know, I offer a Telephone Consultation Service, which includes the option of a quick 15 minute chat to discuss any particular leasehold issue that you may be facing.  These 15 minute calls are a great source of questions that I can answer on my blog and, therefore, help anyone facing a similar…

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Advice on Buying a Freehold

By Bernie Wales / 25th September 2012 / 0 Comments

The best way for unhappy leaseholders to change the world around them, is to buy the freehold. The law provides leaseholders with a “Right To Enfranchise”, which means they can force their freeholder to sell to them. However, many leaseholders can’t get the pieces of the jigsaw to fit together and consequently they soon get…

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The Pros and Cons of Buying a Freehold

By Bernie Wales / 21st September 2012 / 0 Comments

Pros and cons of buying a freehold I’ve just read an interesting article by Nick Kissen, on the pros and cons of buying a freehold. Read it here. Nick Kissen, the Senior Legal Adviser at the Leasehold Advisory Service, is a stunningly knowledgeable chap. There is nothing he does not know about leasehold – and…

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Right to Manage – What Happens if My Landlord Blocks My Claim?

By Bernie Wales / 19th June 2012 / 4 Comments

If you start the process of setting up a Right to Manage (RTM) Company you need to be aware that your landlord might dispute your claim. However, there are only a few limited grounds that your landlord can dispute the claim. If they do dispute the claim, that’s where the Leasehold Valuation Tribunal will help…

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Buying a Freehold – Is it the Key to Wealth?

By Bernie Wales / 27th April 2012 / 0 Comments

Buying a freehold – According to the Sunday Times, buying a freehold is one of the fastest ways that the wealthy can further improve their finances. Freeholds are increasingly becoming more popular than art or stamps as a form of investment, and today, leasehold management companies are making a good profit. Funds have seen rises of as much as 5.8%…

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