Are you a house builder who wishes to sell the freehold reversion of either an apartment block or a leasehold mixed-use development? The right of first refusal under the Landlord and Tenant Act 1987 (the Act) makes this more complicated than you...
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Most flat leases are granted for an initial term of 99 or 125 years. If the lease isn’t renewed at the end of the term, the flat becomes the Landlord’s property again. This means that as the years pass by, the flat becomes less valuable. ...
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The question most commonly asked by landlords is, do I still have to repair items in the property if my tenant isn’t paying their rent? The answer is yes. Section 11 of the Landlord and Tenant Act 1985, sets out the Landlord’s requirements of...
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What is Ground Rent? In order to enforce the terms of a Lease, a Ground Rent must be set. This is generally in the form of a Tenant paying an ongoing sum of money to the Freeholder on an annual basis. This is because a Leasehold title (i.e....
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After a suspension of all possession matters in 2020, the Court finally re-commenced the re-listing of thousands of matters which were either due to be heard, or new matters that were issued by the Courts, albeit with a new procedure – the...
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Whilst it was reported in the media that there was a ‘ban’ on evictions when the pandemic took hold last March, in terms of Residential Housing Possession, what actually took place was a change in expiry periods when serving a Notice. This...
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Overage Agreements – a popular, but potentially risky route for a seller to try to secure a share in any future uplift in the value of the land that they are selling. To explain, an Overage Agreement is an agreement between a buyer and seller,...
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As the demand for housing continues to rise year on year, many landowners are looking at the possibility of selling their land to developers. Given the flexibility of such agreements, Option Agreements are becoming an increasingly popular choice for...
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It is well-documented that house prices have increased and the recent end to the Stamp Duty Land Tax break has meant the property industry has been in overdrive over the past few months. There are still looking to take perhaps their first step into...
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For those currently in the process of trying to buy or sell a property, they will be well aware of the extension to the Stamp Duty Land Tax scheme ends on the 30th June 2021. As we all know, this was a scheme put in place by the Government to assist...
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