Ask from our Property Experts

What our customers are asking:

How do you take over freehold?

For residents to collectively buy the Freehold of their building they will need a majority of over 50% (the remaining residents will then have a choice to join and buy or remain a leaseholder of the newly formed Freehold Company). This process is commonly known as En...

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What is service charge?

Service Charge is the term used for the funds collected from lessees for day to day service charge items. It is collected on the due dates specified in the lease.

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I wasn’t invited to last year’s Annual General meeting but am to this year’s. Why is this?

Only owners who are Members of the Company or Shareholders are invited. You may not have filled in an application to become a member of the RTM or RMC or not have bought a share in the Freehold.

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Why are only Members of the Company or Shareholders allowed to attend the (AGM) ?

Company Members and Shareholders pay to fund the running of the Company unless the Company is named in your lease, whereby all owners fund the company. Voting decisions can only be made by Company Members or Shareholders at the Annual General Meeting.

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How does the Building Safety Act impact residents and homeowners?

The Building Safety Act establishes mechanisms for reporting safety concerns, strengthens the regulatory framework, and improves the transparency of building safety information.

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What Accounts need to be prepared?

A freehold/resident’s management/right to manage company has to comply with both the Companies Act and the Landlord & Tenant Acts accounting provisions. This means that 'company accounts' have to be filed with Companies House and 'service charge accounts' have to...

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What is the difference between Right to Manage and a Court appointed property manager?

The Right to Manage (RTM) and a Court-appointed property manager are two distinct mechanisms for managing a property, and they have some key differences:- Right to Manage (RTM): RTM is a legal right granted to leaseholders that allows them to take over the managem...

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What is LVC or Land Value Capture?

Land value capture (LVC) involves capturing the increase in land value caused by public investment, planning decisions, or other factors and using this enhanced value to fund public infrastructure, affordable housing, or other community benefits.

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What is ground rent?

As a legal term, ground rent specifically refers to regular payments made by a holder of a leasehold property to the freeholder or a superior leaseholder, as required under a lease. As a lease is 'demised' to the leasehold owner for a term of years, rather than owne...

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What happens if a landlord fails to comply with current regulations?

Landlords who refuse to accept the new regulations may face serious consequences. It may include a fine or even imprisonment.

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What is Building Biology and its primary objective?

Building Biology signifies a comprehensive strategy for designing and shaping environments in construction with a holistic viewpoint, highlighting the health of inhabitants and promoting sustainable structures.

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Which are the best places to live in Manchester?

Some current hot spots for living in Manchester are Levenshulme, Chorlton, Deansgate, Salford Quays, and Castlefield, among others.

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How much have solar panel prices dropped since 2010?

The prices of solar panels have dropped by over 88 percent since 2010. For a typical terraced house the installation cost is circa 10,000 and most likely would produce at least 50 percent of the energy required.

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How courts will hear disputes on wills and the strict test which a claim will require to be evidenced to prove or disprove undue influence and a lack of testamentary?

Poll v. Bartholomew [2006] EWHCSummaryThe case of Poll v. Bartholomew [2006] EWHC relates a claim on the issue as to whether a will was validly executed, together with testamentary capacity and the effects of undue influence. The decision of the High Court sets a wid...

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How much can council tax premiums be increased, and when will this change occur?

Local authorities in Wales have had the authority to impose council tax premiums of up to 100 percent since April 2017. From April 2023, this maximum premium will increase to 300 percent, indicating a more substantial financial incentive for property owners to take a...

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What are environmental strategies within the context of ESG?

Environmental strategies within the context of ESG (Environmental, Social, and Governance) refer to the actions that companies take to address environmental risks and opportunities, and to promote sustainability and responsible resource use. These strategies can incl...

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Can leaseholders change property management company?

This depends on how the lease is originally structured from inception i.e. when the flats were initially built by the developer or Freeholder (or both). Normally the developer will have a preferred managing agent they work with during the build process to set service...

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How many additional properties will meet the growing demand for housing in the UK?

To meet the growing demand for housing, 230,000 additional properties are required in the UK.

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What shocking statement did the FCA's executive director make during the committee session?

Sheldon Mills, the FCA's executive director for consumers and competition, stated that the FCA had only become aware of the leasehold insurance concerns shortly before being prompted by Michael Gove to initiate an investigation.

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What is a deed of covenant?

A deed of covenant is essentially a promise. It is a promise by the buyer of a lease to abide by the covenants stated in the lease and if usually entered into as a condition of any sale in the lease post the original first sale.

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An important decision needs to be voted on. Do we have to wait for the next AGM?

No. The Board or 5% of the Shareholders can call an Extraordinary General Meeting (EGM).

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What makes Wembley Park a suitable place to live?

Low crime rates and proximity to public transport make Wembley Park a suitable place to live.

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How to reach Wembley Park?

Wembley is easily accessible by London Underground, London Midland, Southern Lines, and London Overground, connecting London to three main stations, Wembley Park, Wembley Stadium, and Wembley Central.

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What is the approximate cost to upgrade a property with an existing rating of D to EPC band B or C?

The cost of upgrading a property with an EPC rating of D to C could be as much as 6,000

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What is the average cost of installing a ground source heat pump?

The average cost of installing a ground source heat pump system can range from 10,000 to 20,000 or more for a typical domestic installation in the UK. Still, it depends on various factors, such as the systems size, location of installation, and complexity.

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What are the transportation options available in Salford?

Salford offers a well-connected transportation network. The city has bus services that cover most areas, and the Metrolink tram system provides convenient travel within Salford and connects to neighboring Manchester. Salford is also well-served by train services, and...

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Explain the factors or scoring criteria in FTSE4 Good Index series ESG risk ratings?

The FTSE4Good Index Series is a group of indices that measure the performance of companies that meet certain environmental, social, and governance (ESG) criteria. The FTSE4Good ESG Ratings are a set of scores that assess the level of ESG risk of companies included in...

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What to expect while living in Wembley?

Living in Wembley is a highly satisfying experience as it has many amenities and excellent transportation facilities. The food, music, and entertainment scene is buzzing too.

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Which is the free running track in London?

The running track at Regent's Park is free to use.

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What are the eligibility criteria for the right to buy?

The person who wants to exercise the right to buy should be a public sector tenant for three years.

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Ask our Experts

What our customers are asking:

How do you take over freehold?

What is service charge?

Service Charge is the term used for the funds collected from lessees for day to day service charge items. It is collected on the due dates specified in the lease.

I wasn’t invited to last year’s Annual General meeting but am to this year’s. Why is this?

Only owners who are Members of the Company or Shareholders are invited. You may not have filled in an application to become a member of the RTM or RMC or not have bought a share in the Freehold.

Why are only Members of the Company or Shareholders allowed to attend the (AGM) ?

How does the Building Safety Act impact residents and homeowners?

The Building Safety Act establishes mechanisms for reporting safety concerns, strengthens the regulatory framework, and improves the transparency of building safety information.

What Accounts need to be prepared?

What is the difference between Right to Manage and a Court appointed property manager?

What is LVC or Land Value Capture?

What is ground rent?

What happens if a landlord fails to comply with current regulations?

Landlords who refuse to accept the new regulations may face serious consequences. It may include a fine or even imprisonment.

What is Building Biology and its primary objective?

Which are the best places to live in Manchester?

Some current hot spots for living in Manchester are Levenshulme, Chorlton, Deansgate, Salford Quays, and Castlefield, among others.

How much have solar panel prices dropped since 2010?

How courts will hear disputes on wills and the strict test which a claim will require to be evidenced to prove or disprove undue influence and a lack of testamentary?

How much can council tax premiums be increased, and when will this change occur?

What are environmental strategies within the context of ESG?

Can leaseholders change property management company?

How many additional properties will meet the growing demand for housing in the UK?

To meet the growing demand for housing, 230,000 additional properties are required in the UK.

What shocking statement did the FCA's executive director make during the committee session?

What is a deed of covenant?

An important decision needs to be voted on. Do we have to wait for the next AGM?

No. The Board or 5% of the Shareholders can call an Extraordinary General Meeting (EGM).

What makes Wembley Park a suitable place to live?

Low crime rates and proximity to public transport make Wembley Park a suitable place to live.

How to reach Wembley Park?

What is the approximate cost to upgrade a property with an existing rating of D to EPC band B or C?

The cost of upgrading a property with an EPC rating of D to C could be as much as 6,000

What is the average cost of installing a ground source heat pump?

What are the transportation options available in Salford?

Explain the factors or scoring criteria in FTSE4 Good Index series ESG risk ratings?

What to expect while living in Wembley?

Living in Wembley is a highly satisfying experience as it has many amenities and excellent transportation facilities. The food, music, and entertainment scene is buzzing too.

Which is the free running track in London?

The running track at Regent's Park is free to use.

What are the eligibility criteria for the right to buy?

The person who wants to exercise the right to buy should be a public sector tenant for three years.

Ask from our Property Experts

What our customers are asking:

What our customers are asking:

How do you take over freehold?

What is service charge?

I wasn’t invited to last year’s Annual General meeting but am to this year’s. Why is this?

Why are only Members of the Company or Shareholders allowed to attend the (AGM) ?

How does the Building Safety Act impact residents and homeowners?

What Accounts need to be prepared?

What is the difference between Right to Manage and a Court appointed property manager?

What is LVC or Land Value Capture?

What is ground rent?

What happens if a landlord fails to comply with current regulations?

What is Building Biology and its primary objective?

Which are the best places to live in Manchester?

How much have solar panel prices dropped since 2010?

How courts will hear disputes on wills and the strict test which a claim will require to be evidenced to prove or disprove undue influence and a lack of testamentary?

How much can council tax premiums be increased, and when will this change occur?

What are environmental strategies within the context of ESG?

Can leaseholders change property management company?

How many additional properties will meet the growing demand for housing in the UK?

What shocking statement did the FCA's executive director make during the committee session?

What is a deed of covenant?

An important decision needs to be voted on. Do we have to wait for the next AGM?

What makes Wembley Park a suitable place to live?

How to reach Wembley Park?

What is the approximate cost to upgrade a property with an existing rating of D to EPC band B or C?

What is the average cost of installing a ground source heat pump?

What are the transportation options available in Salford?

Explain the factors or scoring criteria in FTSE4 Good Index series ESG risk ratings?

What to expect while living in Wembley?

Which is the free running track in London?

What are the eligibility criteria for the right to buy?

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