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.
In past blogs I have covered the many issues in regards to extending or acquiring a new lease; however most of these have only taken us as far as the point of valuation. This blog will focus on the statutory process once your surveyor has produced his report and also look to highlight some potential pitfalls. The first step to initiate the mechanisms of the Leasehold Reform, Housing and Urban ...
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 ...
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 subject property’ is calculated. 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. As you will recall from our earlier ...
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 ...
We get quite a few enquiries each week on the subject of Leasehold Reform. The conversion often starts as follows:- ...