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Ground Rent collection costs slashed to 5% 

Ground rent and the covenants in the lease define the relationship between the leaseholder and the freeholder. The leaseholder pays the predetermined ground rent to the landlord, usually annually, half-yearly, or quarterly. This payment allows the leaseholder to cont...

Read    21/09/2023

FREE buildings insurance calculator: Check your block insurance

As a freehold ground rent investor, head lease, or director of a freehold management company, residents Management Company, or right-to-manage company it is important to check the buildings are insured for the right amount. Else, with a major disaster, any payout may...

Read    21/09/2023

The Levelling Up, Housing & Communities Committee calls for evidence on Shared Ownership

The Levelling Up, Housing, and Communities Committee has initiated an investigation into shared ownership. This inquiry aims to assess whether shared ownership provides an affordable path to homeownership in reality. The goal is also to identify the obstacles prevent...

Read    21/09/2023

UK Government Older People's Housing Taskforce Seeks Opinions

The retirement housing situation in England and Wales is at a precarious juncture. The Older People's Housing Taskforce, set up by the government and led by Professor Julienne Meyer, seeks responses and evidence to address pressing issues in the retirement housing co...

Read    15/09/2023

Court of Appeal explicitly draws up the scope of RTM company's enforcement powers

The Upper Tribunal had agreed with the First Tier Tribunal's stance that RTM meant Right to Manage and therefore didn't have the authority to seek a lease breach determination under Section 168 of the CLRA or Commonhold and Leasehold Reform Act 2002. The RTM Company ...

Read    15/09/2023

Why Later Living BTR can be the best solution for Older Renters

Later Living is heading for a crisis: is Later Living BTR the answer? The post-retirement scenario presented by the evolving demographic and property market trends reveals a challenging situation, particularly for older renters.The recently released Scottish Widows' ...

Read    15/09/2023

Why ground rent ban is evoking serious concerns from The Association of Retirement Community Operators

Why ground rent ban is evoking serious concerns from The Association of Retirement Community Operators The Association of Retirement Community Operators has expressed concern about the ground rents ban. The association believes the ban can potentially affect the reti...

Read    11/09/2023

Airbnb's short-term let regulations stir up controversy yet again

London Mayor Sadiq Khan's call for stricter regulations on short-term rentals has elicited a quick response from Airbnb. The company has issued a statement outlining its stance on the matter.

Read    11/09/2023

Why There Is A Surge In Demand For Ground Source Heat Pumps (GHSPs) In The UK

Overview of the UK government’s plan to phase out gas grid fossil fuel heating by 2026.The need for homeowners and landlords to find reliable alternatives.The current reliance on high-carbon heating fuels like oil and coal in off-gas grid homes.

Read    11/09/2023

Net Zero:  A call to change leasehold law if flat owners are to help 

Owning a leasehold property means you have the right to live in a property for a fixed period, but you do not own the land beneath it. As a result, making sustainable modifications is not straightforward.Leaseholders cannot make substantial changes without permission...

Read    07/09/2023

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