Ask from our Property Experts

What our customers are asking:

When does homeownership become a suitable option?

Lower interest rates and availability of higher deposit makes homeownership a better option as the monthly loan instalments will be lower than monthly rent.

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What risks are leaseholders facing?

The leaseholders are saddled with council works major bills running into thousands of pounds, which they will find impossible to pay.

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Which buildings will be regulated by the BSR?

The BSR will primarily regulate high-rise buildings. These are defined as buildings with 7 or more storeys or a height of 18 meters and above. Additionally, high-rise buildings must have at least 2 residential units, or they can be hospitals or care homes during desi...

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What are the rights of the lessees, the alterations tenant is allowed to do to any of the flat and the construction of under lease concerning the development right

Roof Development (Hannon v 169 Queen's Gate Limited)SummaryThis is an application relating to a proposed refurbishment development across the roof of a premises by 169 Queen's Gate Limited, the Freeholder, and an affected Mr. Hannon, who is a leaseholder. This applic...

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Absent freeholder? You should buy the property lease?

If the freeholder of a property is absent or unresponsive, it may be an opportunity to consider purchasing the property lease. However, before making such a decision, it is essential to thoroughly assess the situation and consider the following factors:- Legal imp...

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The case of The London Borough of Hounslow v Waaler [2017] EWCA Civ 45 involves an issue of considerable debate within residential leases over whether charges, particularly in relation to major works, imposed on leaseholders by local authorities are reasonable and proportionate to sums that may be recoverable from the leaseholders.

The London Borough of Hounslow v Waaler [2017] EWCA Civ 45SummaryThe case of The London Borough of Hounslow v Waaler [2017] EWCA Civ 45 involves an issue of considerable debate within residential leases over whether charges, particularly in relation to major works, i...

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What is the ground rents ban, and why is it causing concern in the retirement housing sector?

The ground rents ban prohibits collecting ground rents for most new residential leases in England and Wales, introduced through the Leasehold Reform (Ground Rent) Act 2022. It came into effect on June 30, 2022, except for retirement housing leases, which were applied...

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How is overcrowding determined based on the number of rooms available?

Rules state that anyone aged 10 or over counts as one person, children aged 1 to 9 count as half a person, and babies under 1 are not considered. Overcrowding occurs when the number of rooms is insufficient for the total count of people living in the household. Note:...

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Why is using a home buildings insurance calculator recommended for determining insurance coverage?

Home building insurance calculators consider multiple factors, including reconstruction costs, and liability coverage needs, ensuring accurate coverage assessment.

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How many landlords left the rental market in 2022?

Properties available to rent plunged by 49 percent between March 2019 and March 2022. 53 percent of buy-to-let properties were permanently removed from the private rental market.

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What is the UK Rent-A-Room tax exemption, and who qualifies for it?

Individuals earning less than 7,500 from renting a furnished room automatically qualify. This exemption means charging 625 per month for a room or 144 per week.

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What is the government’s doing to make lease extensions easier?

The government will introduce legislation to make valuation easier for lease extensions and also make the process of lease extension less hassling. Freeholders can gain control of their buildings and carry out the required measures.

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Is it reasonable and valid of service charges charged by Marina Heights Limited?

Rita Akorita v Marina Heights Limited [2017] UKUT 255 (LC)SummaryThe case of Rita Akorita v Marina Heights Limited [2017] UKUT 255 entails a dispute between a lessee, Rita Akorita, and a freeholder, Marina Heights Limited, on service charges. The Upper Tribunal took ...

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What ruling did the first-tier tribunal give?

The first-tier tribunal pointed out a complete lack of transparency in informing leaseholders about commission payments.

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What is the role of the Building Safety Regulator?

The Building Safety Regulator (BSR) supervises all buildings' safety and performance systems. They enforce regulations, advice on building standards and safety risks, promote increased competence in the industry, and ensure the implementation of the regulatory regime...

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What is the purpose of the RICS?

RICS – The Royal Institution of Chartered Surveyors (RICS) represents the property profession in 146 countries, and regulates its ‘Chartered’ members. All valuations are subject to the RICS International Valuation Standards otherwise known as the ‘Red Book’.

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How do you value land for residential development?

The idea is that you establish what the proposed finished house is likely to be worth. Then identify and deduct all the costs involved in designing and building the house. The remaining amount will be the desired development profit or equity, and the sum you need to ...

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Why were UK banks initially hesitant to provide loans for flats with cladding after the Grenfell Tower tragedy?

UK banks were concerned about safety risks and potential costs associated with remediation procedures for flats with cladding after the Grenfell Tower tragedy. Ultimately, they have to protect their security.

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What are the main objectives of Second Floor Studios and Arts in Wembley?

Second Floor Studios and Arts strive to foster collaboration, relationships, and a sense of community with a viable workplace for designers, makers, and artists.

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What is the average cost of installing GSHP?

The average cost of installing a GSHP 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 should a landlord do if they cannot resolve the anti-social behaviour issue themselves?

Contacting the police or local authorities for help is an option if the landlord cannot resolve the anti-social behaviour issue.

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Why Is It Important To Plan The Move To A New Home In Detail?

Moving is a complex task involving various elements. An unplanned move can run into several unforeseen and unexpected roadblocks. A properly planned move can help identify potential problems and have solutions ready to deal with them.

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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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What are the concerns raised by experts regarding the new service?

Some experts have expressed concerns about potential unintended consequences leading to larger backlogs in the legal system. They suggest balancing protecting tenants' rights and ensuring legitimate cases do not experience unnecessary delays.

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Are some buildings exempt from the appointment of a property manager?

Yes, some buildings may be exempt from the appointment of a property manager depending on various factors such as the size of the building, the number of units, and local regulations. The specific requirements for appointing a property manager can vary depending on t...

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Does the cause of action apply UK wide?

The causes of action will apply to building in England, Wales and Scotland. We are introducing a power to extend this legislation to include buildings in Northern Ireland.

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What recommendations has the CMA proposed to address the identified problems it identified with the housing market?

Recommendations include requiring councils to adopt amenities on new housing estates, appointing a New Home Ombudsman, streamlining planning systems, and incentivising builders to diversify tenures and home types.

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According to recent research, what is the potential financial impact of flood risk on UK homes?

Recent research suggests that UK homes may face an overvaluation exceeding 20 billion concerning flood risk if current conditions persist, indicating potential asset losses.

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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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Which is the free running track in London?

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

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Ask our Experts

What our customers are asking:

When does homeownership become a suitable option?

Lower interest rates and availability of higher deposit makes homeownership a better option as the monthly loan instalments will be lower than monthly rent.

What risks are leaseholders facing?

The leaseholders are saddled with council works major bills running into thousands of pounds, which they will find impossible to pay.

Which buildings will be regulated by the BSR?

What are the rights of the lessees, the alterations tenant is allowed to do to any of the flat and the construction of under lease concerning the development right

Absent freeholder? You should buy the property lease?

The case of The London Borough of Hounslow v Waaler [2017] EWCA Civ 45 involves an issue of considerable debate within residential leases over whether charges, particularly in relation to major works, imposed on leaseholders by local authorities are reasonable and proportionate to sums that may be recoverable from the leaseholders.

What is the ground rents ban, and why is it causing concern in the retirement housing sector?

How is overcrowding determined based on the number of rooms available?

Why is using a home buildings insurance calculator recommended for determining insurance coverage?

Home building insurance calculators consider multiple factors, including reconstruction costs, and liability coverage needs, ensuring accurate coverage assessment.

How many landlords left the rental market in 2022?

Properties available to rent plunged by 49 percent between March 2019 and March 2022. 53 percent of buy-to-let properties were permanently removed from the private rental market.

What is the UK Rent-A-Room tax exemption, and who qualifies for it?

Individuals earning less than 7,500 from renting a furnished room automatically qualify. This exemption means charging 625 per month for a room or 144 per week.

What is the government’s doing to make lease extensions easier?

Is it reasonable and valid of service charges charged by Marina Heights Limited?

What ruling did the first-tier tribunal give?

The first-tier tribunal pointed out a complete lack of transparency in informing leaseholders about commission payments.

What is the role of the Building Safety Regulator?

What is the purpose of the RICS?

How do you value land for residential development?

Why were UK banks initially hesitant to provide loans for flats with cladding after the Grenfell Tower tragedy?

What are the main objectives of Second Floor Studios and Arts in Wembley?

Second Floor Studios and Arts strive to foster collaboration, relationships, and a sense of community with a viable workplace for designers, makers, and artists.

What is the average cost of installing GSHP?

What should a landlord do if they cannot resolve the anti-social behaviour issue themselves?

Contacting the police or local authorities for help is an option if the landlord cannot resolve the anti-social behaviour issue.

Why Is It Important To Plan The Move To A New Home In Detail?

Can leaseholders change property management company?

What are the concerns raised by experts regarding the new service?

Are some buildings exempt from the appointment of a property manager?

Does the cause of action apply UK wide?

The causes of action will apply to building in England, Wales and Scotland. We are introducing a power to extend this legislation to include buildings in Northern Ireland.

What recommendations has the CMA proposed to address the identified problems it identified with the housing market?

According to recent research, what is the potential financial impact of flood risk on UK homes?

Recent research suggests that UK homes may face an overvaluation exceeding 20 billion concerning flood risk if current conditions persist, indicating potential asset losses.

How much have solar panel prices dropped since 2010?

Which is the free running track in London?

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

Ask from our Property Experts

What our customers are asking:

What our customers are asking:

When does homeownership become a suitable option?

What risks are leaseholders facing?

Which buildings will be regulated by the BSR?

What are the rights of the lessees, the alterations tenant is allowed to do to any of the flat and the construction of under lease concerning the development right

Absent freeholder? You should buy the property lease?

What is the ground rents ban, and why is it causing concern in the retirement housing sector?

How is overcrowding determined based on the number of rooms available?

Why is using a home buildings insurance calculator recommended for determining insurance coverage?

How many landlords left the rental market in 2022?

What is the UK Rent-A-Room tax exemption, and who qualifies for it?

What is the government’s doing to make lease extensions easier?

Is it reasonable and valid of service charges charged by Marina Heights Limited?

What ruling did the first-tier tribunal give?

What is the role of the Building Safety Regulator?

What is the purpose of the RICS?

How do you value land for residential development?

Why were UK banks initially hesitant to provide loans for flats with cladding after the Grenfell Tower tragedy?

What are the main objectives of Second Floor Studios and Arts in Wembley?

What is the average cost of installing GSHP?

What should a landlord do if they cannot resolve the anti-social behaviour issue themselves?

Why Is It Important To Plan The Move To A New Home In Detail?

Can leaseholders change property management company?

What are the concerns raised by experts regarding the new service?

Are some buildings exempt from the appointment of a property manager?

Does the cause of action apply UK wide?

What recommendations has the CMA proposed to address the identified problems it identified with the housing market?

According to recent research, what is the potential financial impact of flood risk on UK homes?

How much have solar panel prices dropped since 2010?

Which is the free running track in London?

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