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Words of warning over leaseholds

Leasehold problems are set to increase, according to Mary-Anne Bowring, managing director of Ringley and a governor for the Institute of Residential Property Management (IRPM). "We are receiving double the amount of enquiries each month on leasehold issues, the top e...

Read    23/10/2012

Beyond Enfranchisement.

Post enfranchisement the 4 main issues to deal with are likely to be:extending leases to 999 years.releasing asset value by:(a) selling parts of the title (lofts, porters flats),(b) selling shares in the Freehold Company to flats who did not participate initially.dis...

Read    16/07/2018

Lease extensions on the top

Leaseholders enquiring about lease extension rose by almost 400% in 2007 reports The Ringley Group, Leasehold Guidance Service. The Ringley Group's consumer website www.leaseholdguidance.com reports that the number of enquiries for lease extensions has gone up dramat...

Read    23/10/2012

How to get a whole new lease of life

By ANDREW FRIEZEDo you live in a leasehold property? If you do, did you know you can legally claim a 90-year extension of the lease without any increase in ground rent? This important right takes effect after you've been in the property for two years, but many leaseh...

Read    22/10/2012

Should you move or improve?

Growing families, changing circumstances or just simply the need for a change are the key reasons for a new home. In many cases it is significantly cheaper to extend your own home rather than spend money on a bigger house, stamp duty, estate agent fees and more. WHAT...

Read    19/07/2012

Unravel the leasehold maze

Whether you are a first time buyer, downsizing or wanting a city pad, understanding the leasehold can be confusing. Mary Anne Bowring, creator of www.leaseholdersupport unravels the jargon. So, you have seen the flat you want, it caters for your needs, it's positione...

Read    16/07/2018

New law gets Resident Management Companies off the hook

According to online property solution provider, leaseholdersupport.co.uk, 60% of small flat management companies who are failing to comply with the law will be let off the hook with the introduction of the new Companies Act 2006 which comes into effect on 1st October...

Read    16/07/2018

Help I need an effective lease

So you bought a flat, under the impression that all leases were much the same, but for upholding the various leaseholders and freeholders' rights and responsibilities life can become rather complex. Arma (the Association of Residential Managing Agents) reports that o...

Read    16/07/2018

Don't suffer in silence

Mary Anne Bowring, creator of www.leaseholdersuppor.co.uk advises leaseholders on how to deal with rogue freeholders The freeholder has a responsibility to the lessees and should comply with his schedule of covenants such as keeping the building insured, carry out ne...

Read    16/07/2018

Short leaseholder awareness of their ability to extend their lease

Since 1993 Leaseholders have been able to claim a 90-year lease extension at a reduced ground rent of £1.00/peppercorn if demanded. Lease rights have become more accessible. For example, you now only need to own the lease for 2 years, do not need to live in the prope...

Read    16/07/2018

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