In a landmark leasehold reform case, the Court of Appeal has rejected the tenants’ grounds for appeal and ruled in favour of the freeholder on the matter of lease extension costs.
Category: Leasehold Advisory
How to Cover the Costs of RTM
If you own a flat in a block that forms part of a wider estate, the idea of organising a Right to Manage (RTM) claim might seem time-consuming, difficult and costly.
RTM for Multiple Blocks
Leaseholders can take control over the management of their building, without proving fault on the part of the landlord, by setting up a right to manage (RTM) company.
Ground Rent Too High?
Rip-off ground rent, extortionate ground rent, high ground rent. No matter how you describe it; if you’re the owner of a leasehold house or flat then it will be an unwanted addition to the cost of ownership.
Pros and Cons of Non-Statutory Lease Extensions
Before deciding to serve a notice of claim on your landlord and exercising your statutory rights to a lease extension, it might be worth asking whether the landlord is willing to grant you a lease extension on a voluntary basis.
Should You Buy the Freehold under Your Own Name?
When buying the freehold of a block of flats it is possible to buy under individual names, but it may be preferable to set up a company to buy the freehold instead.
Fire Safety in Leasehold Flats
In respect of the communal parts of blocks of flats, such as the entrance hallway, stairwell, parking areas and even the roof, the person managing the building has a duty to carry out a fire risk assessment and an asbestos survey.
Controlling Asbestos in Leasehold Flats
Under the Control of Asbestos Regulations 2012 it is necessary for the common parts of residential blocks of flats, whether purpose built or converted from a house, to be tested for the presence of asbestos.
The Leaseholder’s Right to Request a Copy of the Building’s Insurance Policy
If you own a leasehold flat, it is usually the landlord’s responsibility to arrange insurance for the building and this is normally recovered as part of the service charge.
Leaseholders Causing a Nuisance
Most leases contain covenants (obligations) which state leaseholders cannot cause nuisance and annoyance to their neighbours.