Leasehold

Can you sell during the process of a Lease Extension?

It is possible to assign the benefit of the lease extension process to a purchaser and for that purchaser to then complete the lease extension process after completion of the Conveyancing transaction. 

Friday, 18th January 04:42pm

What has a surveyor got to do with extending your lease?

A common question from owners of leasehold flats relates to the process involved in extending a lease - especially where the lease has fewer than eighty years remaining.

London lease extension cases – LVT 2010

Details of a London Lease Extension. The London property in question was a leasehold property known as 5 Newlands Court, Footscray Road, Eltham, London SE9 2SS. The lease details are as follows.

Birmingham Lease Extensions on the Increase

Fridaysmove Birmingham Conveyancing Fridaysmove Team have been reporting an increased number of calls relating to Lease Extension in Birmingham and the Midlands.

Camden Lease Extensions - LVT Decisions

This summary relates to a lease extension in Camden by London Leasehold Valuation Tribunal. The decision was made in 2004. The application was under section 48 of the leasehold reform, housing and urban development act 1993. The leaseholder was Susan Feld and the landlord was Hildron Finance...

1995 Leasehold Valuation Decision – Lease Extension Birmingham

This is a summary of a Birmingham Lease Extension decision by the Leasehold Valuation Tribunal where it was ordered that the leasehold owner was entitled to a Lease Extension.

Leasehold Rights – Right to Management Audit

The right of leaseholders to demand a management Audit allows a group of leasehold owners in a block who are unhappy with its management to appoint a surveyor or an accountant to independently report on whether the management and service charges are correct and cost efficient. A management audit...

Lease Extension Calculator – Free or Paid for?

There are a number of different lease extension calculators on the web. The following advice applies whichever one you use. Some companies offering leasehold calculators charge a nominal fee.  

How to choose a Conveyancing Solicitor in London

Tips for finding a Solicitor for your sale or purchase in London, and what to look out for when receiving recommendations from estate agents, friends or online reviews.

Leasehold reform action group sets out new objectives

The Campaign for the Abolition of Residential Leasehold has revised it’s objectives are as follows : "1. Make commonhold compulsory for all new developments of blocks of flats. Since commonhold – a much fairer system of tenure than leasehold – is now available, there is no...

Why now is the right time for a lease extension

Leasehold owners whose leasehold is due to expire within the next 60 or 70 years should apply to have it extended while property prices remain relatively low throughout the UK. The vast majority leasehold owners have a legal right to extend their leasehold. 

Paying landlord’s licensing fees for consent to subletting

The Fridaysmove leasehold conveyancing team are receiving an increasing number of calls concerning payment of freeholders fees for granting consent to sublet their flat or apartment. This increase may be as a result of more first time landlords entering the market. It could also be that freeholders...

Acting on the Grant of a New Lease – Purchase Conveyancing

What should the new lease contain?When acting on the grant of a new lease during a conveyancing transaction special care must be taken to ensure the wording of the various clauses is clear and acceptable and that all the correct clauses are included. It is important to instruct a conveyancer or...

Lawyers call for Lease Extensions to be made easier

Lawyers and Conveyancing solicitors have called for reform of the rules on leaseholds, alleging that some landlords and freeholders are taking advantage of home owners who do not understand their rights on Lease Extensions.

Conveyancing London Leasehold Houses – How to acquire the freehold if the freeholder is missing?

The Fridaysmove Conveyancing London Team have received an increasing number of leasehold house owners in London who want to acquire the freehold of their house but the freeholder in missing.The Leasehold reform Act 1967 enables leaseholders, if they qualify, to apply to the County Court to acquire...

Leasehold Houses in London - Conveyancing London Properties

Over 200,000 houses in England and Wales are held on long leases. Many of these are based in the South East of England and in particular in Central London. Many of the leases for houses in London  date back to the 1800’s. The freeholds are often owned by the large estate owners such a...

Conveyancing guide to Completing a Sellers Leasehold Information Form

At the outset of the sale transaction the seller is required to provide a number of documents to the buyer’s Conveyancing solicitor.The property information forms which are sent to the buyer’s solicitor along with the contract consist of a seller’s property information form...

Leasehold Wandsworth Conveyancing – Wandsworth Council Leaseholders and Building Insurance

In most cases where Wandsworth Council  are the Landlord of your property and you have a long leasehold interest Wandworth Council will be insuring your flat. If you need to make a claim under the Buildings Insurance policy you should not contact the Fridaysmove Conveyancing Team but rather...

Brighton Lease Extension

Leasehold Conveyancing Brighton – Why Lease Extensions are a must

Leasehold Conveyancing in Brighton can be more complex than the legal work for freehold properties - Our legal expert explains the benefit of a Lease Extension.

Leasehold Conveyancing London – Conveyancing Lease Extensions

Leasehold conveyancing in London is getting trickier as more and more flats come onto the property market with less than 80 years remaining. In the Eighties property boom, many Victorian properties in Central London were carved up by property developers into flats with 99-year leases. The 80-year...

Brighton Pier

Top Leasehold Issues to Consider when Buying in Brighton

Faster Conveyancing in Brighton benefits from local expertise for both leasehold and freehold property transactions. Our Fridaysmove-recommended Solicitor offers advice on finding a lawyer for your move.

Deed of Covenant

Deed of Covenant explained by Sheffield Solicitor

Whether you are buying or selling  a property where the freeholder is the Sheffield Council (usually as a result of the original lease being granted under the Right to Buy Scheme) most leases provide that the new buyer must enter into a Deed of Covenant.

Right to Buy Conveyancing in Hackney - How does it work ?

The Right to Buy Scheme ( RTB )  was introduced in October 1980 and gives eligible secure tenants of Councils and some other landlords the opportunity to purchase their current home at a price lower than the full market value. To date, more than 10,000 tenants in Hackney have purchased under...

Right to Buy Conveyancing in Exeter

The Exeter Conveyancing team at Fridaysmove have witnessed an increasing number of enquires from tenants in Exeter concerning their right to buy their property off the Council.Exeter City Council tenants have the Right to Buy their flat or house if they have been a secure tenant of the City...

Victory for Halifax leaseholders after 10-year service charge dispute

Leasehold owners of 14 flats have spoken of their relief at winning a 10-year service charge dispute. The leaseholders were not conveyancing clients of the Fridaysmove Halifax Conveyancing team.Leaseholders at Carlton Mill, Sowerby Bridge, took their managing agents to tribunal over their poor...