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Leasehold and Freehold Reform Bill will deliver more rights and protections

The Government has unveiled a new bill that will deliver significant new rights and protections for millions of landlords and homeowners in England and Wales who are trapped in the unfair and outdated leasehold system.
It will make it cheaper and easi…

Buy the freehold or just renew lease?

Hello, looking for some advice from Property118 readers. I currently have a lease with 65 years left to run. The property is a house and converted into two flats.
My question is would it be a better option to buy the freehold or just renew the lease?

Can’t find someone to lend on a freehold flat?

Hello, last September I purchased the second flat in a converted Victorian house for which I already owned the first flat and the freehold. For whatever reason, I was obliged to merge the leasehold on the second flat with the freehold in order to obtai…

Unreasonable leaseholder refusing to pay towards ‘Major works’?

Hello – I was hoping someone could help me and stumbled upon this site. We have a share of freehold of a small Victorian house – there are 4 flats and we own 2 – 50% of the freehold.
We have the obligation to repair/redo the house every 7 years – and w…

How to create a separate leasehold?

Hi, I own a ground floor flat that is mortgage free, along with the freehold of the building. The upper flat is owner occupied.
The deeds state a peppercorn rent of £10pa from the upper flat to me

Charging leaseholder for repairs?

Hello, I own a maisonette flat – there are two flats and I am the freeholder. The leaseholder moved into the downstairs flat two years ago and seems a nice guy.
I will be having a discussion with the leaseholder soon as the roof and fascia of the…

Migrating to managing agent from residents’ management Co?

Hello, We are a small block of 7 flats with a mix of owner occupiers and owners who let their flat. Approx 22 years ago we set up a Ltd company and jointly purchased the freehold so that each flat owner has 1 share in the company.

Is new Freeholder liable for previous overcharging?

Hello, I live a in block of flats where the former freeholder (the company is now dissolved) overcharged the service charges: the percentages we paid added up to more than 100%.
The new landlords are fixing the problem but they bought the freehold in 2…

Community Infrastructure Levy fees for small developers?

Hello, I have planning permission to build a one unit flat on top of an existing building (I own the flat below). I also have all the necessary legal documents with the Freeholder.
I advised the council that the works would start in mid-January –

Freeholder, Leaseholder – can you be both?

Hello, After setting up a property development company, my first project was a large extended terraced house. The property was in poor condition and I was fortunate enough to buy it cash. I was granted permission to convert it into two flats which I in…

Implications of a bankrupt freeholder?

Hello, does any one know the implications for myself and 4 fellow leaseholders of the freeholder of our lease being declared bankrupt and his affairs now being under administration by insolvency agents?
Our buildings insurance is up for renewal in April.

Getting a mortgage on a Qualified Title?

Hello, I own 2 flats in the North East – basically a terrace house that has been split into an upper and a lower flat
I put them up for sale 2 years ago and got buyers in the first week –

Development and Party Wall – Freeholder or RTM?

Hello, I’m the director of a Right to Manage Company, the roof space was sold many years ago and the developer now has consent to build on the roof.
The Freeholder has told the management company we use that it is our responsibility to deal with …

Leaseholder refusing to contribute towards ‘Major works’?

Hello, Firstly thanks for taking the time to read my article/questions.
I have recently acquired a property and freehold which comprises of 5, 1 bedroom flats. 3 of which are owned by myself two of which have separate individual owners.

Freeholder administration charges for permission to let?

Hello, I own a leasehold flat with 900 years lease, no service charges and peppercorn ground rent. My lease states I need to obtain permission from the management company in order to let the flat out, and they are entitled to charge surveyor’s fe…

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