Blogs



Wed 15 Jul 2009

Lease Extensions without going to war with your landlord

Although leaseholders, in certain circumstances, enjoy a statutory right to lease extension or enfranchisement,   thereby forcing their  will on the landlord, no flat-owner or flat-buyer should assume that seeking to exercise a statutory right will be easy. Before you know it you can find yourself feeling as though you are in a David Vs Goliath situation.

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Mon 13 Jul 2009

Congratulations in order for winners of Awards for Leasehold Enfranchisement and Lease Extensions

The Enfranchisement Awards 2009 were held at a Central London on 18th May 2009.   The Awards celebrated excellence in the UK leasehold enfranchisement and lease extensions.

The Awards were sponsored by Langley Taylor ( http://www.langleytaylor.co.uk/ ), Pemberton Greenish, Wallace LLP, Tanfield Chambers ( http://www.tanfieldchambers.co.uk/Home ), Marr Johnson & Stevens LLP and Bircham Dyson Bell  ( http://www.bdb-law.co.uk/ ) almos

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Mon 13 Jul 2009

Residential Developments and Estates - Always take into account your neighbours point of view

Are you intending to build an extension to your property ? If so, don’t be fooled into thinking that it is simply a matter of getting planning permission, building regulations  and finding a builder.


The Heron Island case

The Heron Island case now throws into the mix  the important considerations  of  what  covenants affect  property as such covenants could determine whether development of any kind can go ahead.

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Mon 13 Jul 2009

Seller’s Property Information Form – Are you exposed ?

A recent comment in an online blog in response to the article in the Daily Telegraph about the risks associated with Property Information Questionnaire ( PIQ )  points out as follows “…. another problem when completing the Property Information Questionnaire online (as is often the case) is that there is no way of qualifying one’s answer.   I had to fill in one of these forms (PIQ) today giving the “current management charges”.   On face value these seem ludicrously high but that is because we have just had the exterior of the building (listed)

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Sun 12 Jul 2009

Cheap Conveyancing - Pros and Cons of online conveyancing brokers.

What is an online Conveyancing broker ?

Web based online Conveyancing broking companies act as introducers for specialist Conveyancing firms many of whom lack the marketing expertise to advertise their services directly.  In other words Conveyancing firms who require other companies to help them communicate with you (critics argue that they start as the mean to go on i.e. no personal contact) .

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Fri 10 Jul 2009

Lease Extension Marriage Value and the 80 year itch

It is somewhat of a paradox that if you have more than 80 years remaining on your lease you are unlikely to feel the need for a lease extension. Indeed may lenders and conveyancing solicitors alike are happy with leases of 70 years plus.   

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Thu 09 Jul 2009

Conveyancing fees - How to get the best Conveyancing deal.

It is possible to save hundreds, if not thousands, of pounds on the average conveyancing cost of buying and selling your home. However, you do have to know the right questions to ask, or your initial cheap quote could turn into a thumping big bill.  

Compared with the fees charged by estate agents, conveyancing charges are an absolute bargain ( a point that was recently mentioned by the law society president ).

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Thu 09 Jul 2009

Commonhold will simply not take hold!

In the last few days Alliance and Leicester have just announced that they will no longer be prepared to lend on commonhold title. This represents yet another body blow to this form of title that has simply not been accepted let alone promoted by developers, lenders and conveyancing lawyers alike .  

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Thu 09 Jul 2009

Top Conveyancing Tips - Access in between exchange and completion

Are you a purchaser requiring access or a seller where your buyer is requesting access ? 

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Thu 09 Jul 2009

Who needs a lease extension ?

Can you just leave things as they are? You can if you wish, but they will invariably get worse.

The shorter a lease term becomes, the more costly it is to rectify the problem later with a lease extension . We have heard of examples of lease extension costs at least doubling within a few years, particularly where lease lengths have slipped below the critical 80-year level. By completing a lease extension or acquiring the freehold and making subsequent lease or management changes, the saleability and value of the property will be enhanced.

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