Welcome to Peter Barry’s blog posts. You’ll find a range of topics focussing on issues that are important to our clients where we try to answer the questions that we regularly get asked.
If you own a flat or maisonette it is almost certainly held on a lease. The original term of the lease is likely to have been 99 or 125 years and there will be provisions for the Landlord to collect ground rent every year at an amount that will normally increase throughout the term of the lease. As the remaining term of the lease reduces so does the value of your investment but fortunately ...
If you own a flat or maisonette it is almost certainly held on a lease. The original term of the lease is likely to have ...
In past blogs I have covered the many issues in regards to extending or acquiring a new lease; however most of these have ...
Some of the terminology used when decribing a lease extension or freehold purchase can be a touch technical so we thought ...
We often receive enquiries from leaseholders who either have their property on the market or are planning to do so, and have ...
We’ve written quite a few posts over the last few months on how the Leasehold Reform, Housing and Urban Development Act ...
Many insurance companies offer ‘New for Old’ policies. The Leasehold Reform Act is similar; you can get a new lease in ...
Over the course of the last few posts we have tried to explain the process of granting a new lease under the terms of the Leasehold Reform and Urban Development Act 1993. 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 thought that it was about time that we now looked at a worked example of ...
Over the course of the last few posts we have tried to explain the process of granting a new lease under the terms of the ...
In my last post we said that we would start to look at how ‘The diminution in value of the freeholder’s interest in the ...
We have been promising to explain why the concept of ‘Marriage Value’ is important and why residential leases are said ...
In my last leasehold post we said that we would try to explain the implications of the Leasehold Reform Act in as simple ...