We have chosen to write this article to outline some of the benefits of why getting a lease extended might be a good idea. It may be in your best interest to check the current remaining term on your lease. In general, it is accepted by everyone in the industry that if...
Leasehold is a form of tenure where one party buys a specified space for a specified time length. Therefore, when you own a leasehold property you own the lease and the land and building structure is owned by the landlord who is the freeholder. The residential leases...
Collective Enfranchisement – What is it? Collective freehold enfranchisement is a right upon qualification to collectively acquire the freehold of the building from the existing landlord. This involves owners of the flats referred as ‘qualifying tenants’ joining...
The guidance to lease extension process It is estimated that in the United Kingdom there is in excess of 2.5 million leasehold flats held on varying lease terms. Therefore, if you own the flat you will have lease that prescribes the length of the lease, the date it...
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