The Latest Articles From South East Leasehold
at Lease-Extension.co.uk

This is the blog section of South East Leasehold. It's where you can find all our latest articles - written by our team of leasehold professionals.

Collective enfranchisement – LM Homes Ltd also Others v Queen Court Freehold Company Ltd [2018] UKUT 367 (LC)

    A recent decision by -Upper FTTP in -case of LM Homes Ltd also Others v Queen Court Freehold Company Ltd [2018] UKUT 367 (LC) has highlighted -difficulties that freeholders also developers can face in realising development or development hope value, when confronted with a collective enfranchisement claim.  …

lease extension process

The lease extension process is challenging, with plenty of scope for error that can allow a challenge from a freeholder unwilling to co-operate with the request. The lease extension specialists at South East Leasehold have handled hundreds of lease extensions, helping leaseholders to extend their lease and secure the long-term…

Law Commission Leasehold Reform 21 July 2020

    The Law Commission has released its report recommending changes to the current leasehold system. Please find below by way of a briefing and update.   The Law Commission was tasked with looking into the leasehold sector since it was identified as “not working” for millions of leaseholders in…

Relativity

Relativity   HISTORY   UT     KOSTA V CARWARTH DECISION DATE – 47 Phillimore Gardens Parthenia model introduced – Hedonic regression based on transactional evidence between 1987 – 1991     MUNDY – PCL DECISION DATE – FEBRUARY 2016 Trustees of Sloane Stanley Estate v Mundy and Lagesse Aaron…

collective enfranchisement – LM Homes Ltd and others v Queencourt Freehold Property Ltd (2020)

Collective Enfranchisement Detached Building with Car Park on Basement LM Homes Ltd and others v Queencourt Freehold Property Ltd (2020) The leaseholders sort to enfranchise a large block with basement car park.  The 1993 act requires a notice to specify and also be accompanied by a plan and describe any…

lease extension

Most flats in the UK are sold as leaseholdhold so if you own a flat you probably have a leasehold – a contractual agreement between the leaseholdholder also the landlord – or freeholder. The leasehold gives you conditional ownership for a set period of time. The contents of the leasehold will…

How can I extend the lease on my flat?

How can I extend the lease on my flat? I have a leasehold flat of 50 years. I need to stay but want the security of a long lease. What steps are there to follow to negotiate a new longer lease with the freeholder? How do I extend the lease?…

Lease Extension

Lease Extension Solicitors London ARE YOU ENTITLED TO EXTEND THE LEASE OF YOUR FLAT? The Leasehold Reform, Housing & Urban Development Act 1993 (“the Act”) as amended by the Commonhold and Leasehold Reform Act 2002, entitles most owners, including companies, of a lease of a flat to a new extended…

onerous ground rents

Onerous ground rents are those that double every 5-10-15 years or are linked in some way to the value of the flat. The latter is less so and more publicity has surrounded the 10 year doubling ground rents. These can lead to very high ground rents at the end of…

Changes to Leasehold Reform

The consultations main aim is to simplify and reduce the costs of freehold purchase or lease extension and to make enfranchisement easier. Flats Reduce complexity and costs. Less ability for mistakes to be used against leaseholders by having a prescribed form. Tribunal to settle disputes and process claims in the…

What are the benefits of collective enfranchisement?

Collective enfranchisement is the process by which leaseholders join together and buy the freehold of the building, according to the provisions of the Leasehold Reform & Urban Development Act 1993. As a leasehold property owner, typically of a flat or apartment, this may be well worth considering since the benefits…

Informal lease extensions – what’s involved?

As a leaseholder, you have the statutory right to extend the lease of your residential property under the Leasehold Reform and Urban Development Act 1993. But unless there are at least 21 years left to run on the lease, and you’ve owned the property for a minimum of 2 years,…