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COMPANY DAY

Deeply ingrained in Ringley's traditions is the annual Company Day, when everyone comes together to celebrate the company and employee achievements of the year. Through various team-building exercises, we have the opportunity to get to know each other on a deeper lev...

Read    02/09/2020

House builders and developers better protected following BDW Trading Ltd v South Anglia Housing Ltd decision

The High Court ruling on July 15, 2013, clarified that long-term service charge agreements made before a building is constructed or leased do not require Section 20 consultation under the Landlord and Tenant Act 1985.

Read    02/09/2020

CHANGE CLOCK WEEKEND

Fire kills and so does the build-up of natural gas that can cause an explosion. So whilst you go around your home to change your clock (31st March 2013), test your smoke alarm too or install one.

Read    02/09/2020

Finally, resident controlled blocks of flats and Freeholders can relax

The Supreme Court ruling in the Daejan case has brought relief to leaseholder-controlled blocks and freeholders, ensuring that minor consultation errors no longer result in massive financial losses.

Read    02/09/2020

Joint Tenancy vs.Tenancy in Common

Joint Tenancy: Each owner holds an equal share in the entire property.Tenancy in Common: Each owner can hold different shares (e.g., 60-40 or 70-30).

Read    02/09/2020

So you have bought the freehold, what happens next?

Once the process is completed and you are officially the freeholder, it's time to take stock of what a collective enfranchisement (freehold purchase) has gained you in terms of responsibility for the running and upkeep of your building.Taking Control of Building Insu...

Read    02/09/2020

Right to Manage - Don't know your neighbours?

Hello everyone, just writing to let you know about a right to manage ("RTM") success story at a Central London block, with over 30 flats.

Read    02/09/2020

Missing freeholder or silent freeholder?

What happens if you cannot trace your freeholder and you want to extend your lease or buy your freehold? You can still do so by the vesting order process. This involves an application to the County Court detailing the steps taken to locate the freeholder. The County ...

Read    02/09/2020

Step by step guide to lease extensions

Whilst your lease is probably the most valuable asset you own, worth whatever you could sell it for in the market place, the freeholder holds a stake in its value too. Why, because a) he receives investment income from it (the ground rent), b) has the hope value of a...

Read    02/09/2020

How long is your lease?

Lease terms are getting shorter, particularly in areas like London, where 40-60 year leases are common. Since 1993, legislation has improved leaseholder rights, allowing easier lease extensions.

Read    02/09/2020

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