Absentee Freeholder Indemnity Insurance

Rescind

To rescind means to restore the parties to their former position, ie, before they entered into the contract. Rescission is an ‘equitable remedy.’Under the Standard Conditions of Sale the right to rescind the contract is available in the following situations: Where the risk in the...

Major firm Halliwells suffer due to the economic downturn

One of the largest regional firms in the UK, Halliwells, whose headquarters are based in Manchester,  are currently in talks with other major firms based in the North in relation to an acquisition of Halliwell’s business. They are the latest firm, and probably the largest, to have been...

Good Leasehold Title – How can I upgrade this class of title with Land Registry?

Land Registry receive a number of applications to register new ownership involving cases where the title of the landlord to grant the lease that is being registered has not actually been produced to Land Registry.In these circumstances, as the Land Registry do not have any evidence to show that the...

When common sense advice is as important as legal advice when buying a leasehold flat with an absentee landlord

Before she had started looking for a property Mrs Klein had never heard of an Absentee Freeholder. In October 2006 Mrs Klein was excited about her offer being accepted on a leasehold flat on Wandsworth Bridge Road.  Having previously conducted the conveyancing on the sale of her son’s...

How Fridays sold a property with an absentee freeholder

Back in May 2007 Mrs Hughes came to Fridaysmove having been  recommended by her cousin.  Mrs Hughes was most upset.  She wanted to sell her property but the agents were advising her that as she had an absentee landlord there would be a very restricted market place for her property...

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