What is a Lease extension?

01 May in News & Case Studies

The Leasehold Reform, Housing and Urban Development Act 1993 (“the Act”) provides leaseholders with the right to extend their lease; subject to certain qualifying criteria being met. The Act provides the leaseholder with a right to extend the lease term by a further 90 years and extinguishes the ground rent. This...

Tenants Fees Bill

22 January in News & Case Studies

The Government announced way back in 2016, that it intended to legislate to ban the practice of charging fees to tenants when they apply to rent a property. Whatever you think of the proposed ban (and actually we believe tenants should be asked to pay their fair share of tenancy costs...

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law commission report

01 October in News & Case Studies

I have been reading through the recent Law Commission’s Report on Leasehold and I wanted to give a brief summary of how the proposals affect valuation and premiums etc.   As you are aware this review has come about mainly  because of the 10 year doubling ground rent scandal in the North...

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