Marketing a Property With a Short Lease
Friday, 13th April 2012
Categories:
Leasehold Valuations
Surveying
So what do you do if you are looking to sell and realise that you need to extend your lease? In my opinion there are 2 options...
The Surveying Team
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Case Study - How Using a Professional can save you Money
Wednesday, 26th October 2011
Categories:
Case Studies
Leasehold Valuations
Surveying
We’ve written quite a few posts over the last few months on how the Leasehold Reform, Housing and Urban Development Act 1993 works in principle, so we thought it was probably about time to look at a ‘Real World’ example and show how you can benefit from taking professional advice at an early stage...
The Surveying Team
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The Leasehold Reform Act - The Concept of New for Old
Thursday, 31st March 2011
Categories:
Leasehold Valuations
Surveying
Many insurance companies offer ‘New for Old’ policies. The Leasehold Reform Act is similar; you can get a new lease in exchange for your old one, but, as usual, there is a price to be paid.
The Surveying Team
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Leasehold Valuation Calculations - 2 Worked Examples
Saturday, 12th March 2011
Categories:
Leasehold Valuations
Surveying
We’ve looked at the various elements that have to be taken into account in calculating the premium that the lessee will have to pay to the freeholder and we thought that it was about time that we now looked at a worked example of a typical case.
The Surveying Team
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How to Calculate the Diminution in Value of the Freeholder’s Interest
Tuesday, 15th February 2011
Categories:
Leasehold Valuations
Surveying
Generally there will be two elements to take into account. This will be the loss of the income from the ground rent and the loss of the potential reversion at the end of the original lease term.
The Surveying Team
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How Marriage Value is Calculated
Wednesday, 19th January 2011
Categories:
Leasehold Valuations
Surveying
We will concentrate in this post on explaining how the landlord’s share of the marriage value is calculated and leave the other areas for a later post.
The Surveying Team
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What is Marriage Value?
Tuesday, 11th January 2011
Categories:
Leasehold Valuations
Surveying
Marriage Value may be described as ‘the additional value generated when an enfranchising leaseholder owns both the leasehold and freehold estates.
The Surveying Team
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Leasehold Reform
Friday, 26th November 2010
Categories:
Leasehold Valuations
Surveying
We get quite a few enquiries each week on the subject of Leasehold Reform. The conversion often starts as follows:- ‘I’m thinking about extending the lease on my flat….can you tell me how much it will cost and how do I go about it?
The Surveying Team
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Don't Leave it Too Late to Extend Your Lease
Thursday, 4th June 2009
Categories:
Leasehold Valuations
Surveying
If you live in or are considering buying a leasehold property you will want to ensure that the unexpired term of the lease will not have a detrimental affect on the future marketability of the property.
The Surveying Team
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