Frequently Asked Questions

What are the consequences of not signing the Developer Remediation Contract 'DRC'?

Failure to sign the Developer Remediation Contract 'DRC' can lead to the developers being banned from commencing or completing developments in England. Developers who choose not to join or are expelled from the associated Responsible Actors Scheme (RAS) will be listed as prohibited persons

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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 premium from you (for buying a lease extension) and c) holds the reversionary interest (the value of it vacant flat in X years time when your lease runs out).Step 1 - establish if...

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Meet our Expert Property Commentators

Natalie Birmingham
Natalie Birmingham
Helpdesk Support Manager
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Mary-Anne Bowring
Mary-Anne Bowring
Group Managing Director
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Steve Norman
Steve Norman
Planning Director
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Ian barber
Ian barber
Managing Director - BTR North
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Jon Curtis
Jon Curtis
MRICS Head of Building Engineering
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Kate Robinson
Kate Robinson
MTPI MD Blocks/FM Management (London Region)
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Lee Harle
Lee Harle
Partner Ringley Law
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Anthony Kingdon
Anthony Kingdon
MIRPM AssocRICS MD Blocks/FM Management
image over card Anthony Kingdon
Chris Georgalis
Chris Georgalis
MRICS Head of Commercial Valuation
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Nichola Pughe
Nichola Pughe
MRICS Head of Residential Valuation
image over card Nichola Pughe

What are the consequences of not signing the Developer Remediation Contract 'DRC'?

Failure to sign the Developer Remediation Contract 'DRC' can lead to the developers being banned from commencing or completing developments in England. Developers who choose not to join or are expelled from the associated Responsible Actors Scheme (RAS) will be listed as prohibited persons

Valuation Services provided by The Ringley Group

homepage - operational living sector experts - btr living section image
Bank Valuations
homepage - operational living sector experts - block management image
Development Valuations
homepage - operational living sector experts - professional services image
Rent Reviews
homepage - operational living sector experts - commercial and coworking image
Tax Valuations
homepage - operational living sector experts - proptech it advisory image
Balance Sheet Valuations

Social


Blogs on similar property topics

ASSET MANAGEMENT
Welsh government faces backlash over proposed statutory licensing for Airbnbs and other tourist accommodations
The Welsh Government's plans to introduce statutory licensing for various forms of tourist accommodation, including Airbnbs, holiday homes, hotels, and bed-and-breakfasts, have received a cool response. The proposal, part of a governing deal between Labour and Plaid Cymru, the Welsh nationalist party, aimed to establish uniform regulations, building safety standards, and management practices across the industry. However, the recently released ...

Read More

ASSET MANAGEMENT
CMA shows it's teeth to housebuilders
There was good news for anyone who is in dispute with their developer over ground rents last week, as the Competition and Markets Authority showed its teeth by launching enforcement action against four well-known housebuilders.The scandal around leasehold homes has had plenty of publicity. Many homeowners around the country have bought properties that they can't sell or remortgage because – often unknowingly – they have signed up to doubling g...

Read More

ASSET MANAGEMENT
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 premium from you (for buying a lease extension) and c) holds the reversionary interest (the value of it vacant flat in X years time when your lease runs out).Step 1 - establish if...

Read More


Blogs related:

ASSET MANAGEMENT
Welsh government faces backlash over proposed statutory licensing for Airbnbs and other tourist accommodations

Read

ASSET MANAGEMENT
CMA shows it's teeth to housebuilders

Read

ASSET MANAGEMENT
Step by step guide to lease extensions

Read

Meet our Expert Property Commentators

Mary-Anne Bowring FTPI FRICS FARLA FCABE Founder/Head of Asset Management

Strategic partnerships, holistic delivery/ opportunities, growth, value engineering, thought leadership

Ian Barber MD BTR Mobilisation & Leasing

Runs HQ & site lease-up teams. Drives rent pricing, mobilisation, marketing, happy residents!

Jon Curtis MRICS Head of Building Engineering

Chartered Building Surveyor. Lectures on EWS1 & building safety. Runs CapEx programmes.

Kate Robinson MTPI MD Blocks/FM Management (London Region)

Master plan setup, ops and staffing and resident engagement. ISO45001 champion.

Lee Harle Partner Ringley Law

Plot conveyancing. Debt litigation. Group Company Secretary.

Anthony Kingdon MIRPM AssocRICS MD Blocks/FM Management (North Region)

Stakeholder engagement. Mixed tenure specialist. Budget management. Plant audit, PPM compliance.

Chris Georgalis MRICS Head of Commercial Valuation

Chartered Valuer. Rental valuations: retail, leisure. IRR modelling and valuations for secured lending. Compulsory purchase & rent reviews

Nichola Pughe MRICS Head of Residential Valuation

Chartered Valuer. Rental development & mixed use valuations, IRR modelling. Leasehold enfranchisement specialist

Natalie Birmingham Helpdesk Support Manager

Trainer & Helpdesk Manager: people, systems,contractors. ISO45001 supply chain accreditation.

Steve Norman Planning Director

Land due diligence (opportunities & constraints) Has contributed to a number of award winning schemes.