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Step by step guide to lease extensions

The conceptWhilst 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...

Read    02/09/2020

How long is your lease?

With leases continuing to get shorter, for example some areas of London leases of 40-60 years are common, leaseholders should also be aware of their legal right to extend their lease. Since 1993 when the right to extend your lease was passed, legislation has been cha...

Read    02/09/2020

Leaseholders have rights!

Whether you are a first time buyer, downsizing or wanting a city pad, understanding the leasehold system can be confusing. Mary Anne Bowring, creator of www.leaseholdersupport.co.uk unravels the jargon and explains your rights.With leases getting shorter, leaseholder...

Read    02/09/2020

Legal right to extend 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. Lessee's 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 ...

Read    02/09/2020

Ringley gets 'Highly Commended' Award

Ringley picked up the 'Highly Commended' award to reflect the work their valuation team do in the specialist field of Leasehold Enfranchisement. "We work mostly forIn fact Ringley were finalists in two categories - the other being Individual Valuer Of The Year. Mary-...

Read    02/09/2020

Leaseholders should take control of building management

Recent Market Research by leading London Managing Agents the Ringley Group into ownership, services, management and running costs of apartment buildings, has identified that between 50-60% of all inner London apartments are sublet, rising to an estimated 70+% for the...

Read    02/09/2020

Property Management explained

So what's this weeks hot property management topic. To me it seems to be the increasing number of Freshwater blocks we are talking. All of whom seem to be waking up to the realisation that they don't need to be subserviant to Freshwater any more.How so?, you may ask....

Read    02/09/2020

What is Block Management?

Since people began to live in cities space has always been an issue. In modern times, spatial pressures have increased exponentially, leading to increased inner city house prices, and more seriously, an increase in related problems such as homelessness.A less siniste...

Read    02/09/2020

New code of practice for agents is on its way

Soon agents will need to abide by a new code for the property industry In future, anyone using a letting or estate agent or a property manager will be able to judge their performance against a new code of practice and a new and improved system for dealing with compla...

Read    02/07/2020

Four tips to help landlords avoid common mistakes

PlanetRent makes the rental process quick and easy Many self-managing landlords in the buy-to-let sector are not property professionals and it's hard to get it absolutely right every time. So here are our tips for avoiding the four most common mistakes that we see pe...

Read    26/06/2020

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