LATEST BLOG POSTS: Leasehold Valuations

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.

The Benefits of Approaching your Freeholder Informally for a Lease Extension

Tuesday, 9th September 2014 | by: Matthew Price

The most common way for a leaseholder to extend their lease involves a solicitor serving a Section 42 notice (S42) on their freeholder under the Leasehold Reform, Housing and Urban Development Act 1993. This notice not only compels the Freeholder to grant the lessee a new lease equal to the existing term plus 90 years at a peppercorn ground rent, it also fixes the valuation date. The growth in ...

The most common way for a leaseholder to extend their lease involves a solicitor serving a Section 42 notice (S42) on their ...

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The Benefits of Extending Your Lease in Good Time

Friday, 9th November 2012 | by: Peter Barry

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 ...

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Lease Extension – The Process after your Valuation

Wednesday, 13th June 2012 | by: Peter Barry

In past blogs I have covered the many issues in regards to extending or acquiring a new lease; however most of these have ...

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Glossary of Leasehold Valuation Terms

Friday, 20th April 2012 | by: Peter Barry

Some of the terminology used when decribing a lease extension or freehold purchase can be a touch technical so we thought ...

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Marketing a Property With a Short Lease

Friday, 13th April 2012 | by: Peter Barry

We often receive enquiries from leaseholders who either have their property on the market or are planning to do so, and have ...

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Case Study – How Using a Professional can save you Money

Wednesday, 26th October 2011 | by: Peter Barry

We’ve written quite a few posts over the last few months on how the Leasehold Reform, Housing and Urban Development Act ...

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The Leasehold Reform Act – The Concept of New for Old

Thursday, 31st March 2011 | by: Peter Barry

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. Over the course of the last few months we have tried to explain some of the detail of The Leasehold Reform, Housing and Urban Development Act 1993.  We have looked at how the various elements of the ...

Many insurance companies offer ‘New for Old’ policies.  The Leasehold Reform Act is similar; you can get a new lease in ...

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Leasehold Valuation Calculations – 2 Worked Examples

Saturday, 12th March 2011 | by: Peter Barry

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 ...

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How to Calculate the Diminution in Value of the Freeholder’s Interest

Tuesday, 15th February 2011 | by: Peter Barry

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 ...

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How Marriage Value is Calculated

Wednesday, 19th January 2011 | by: Peter Barry

We have been promising to explain why the concept of ‘Marriage Value’ is important and why residential leases are said ...

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I was put at ease by the professional way In which this survey was conducted I highly recommend Peter Barry All aspects were considered my home Was examined for any potential problems That may be caused by the works being Carried out by the neighbouring property . Photos were skilfully recorded and a Drone was used to take pictures of the roof . Peter Barry Surveyor truly did a fantastic Job acting in a professional manner at all Times . And showing respect for my home And security and I can only prise them , Many Thanks Rachel
I was a neighbour of someone who wanted to do some changes to their dormer into a full loft conversion. The surveyor sent to review our shared walls was very young professional and helped answer all my questions and concerns. The emails from the firm were very formal, else and they were very reachable by telephone. I didn’t pay as my neighbour was carrying out the works so I can’t comment there. I would consider using this firm for further works personally
Very responsive and proactive. Would highly recommend
Great surveyor. Professional and very good service for our party wall matter. Thank you.
The service provided was party wall and was professional especially it got done swiftly and in good time and did not delay the building work of the next door neighbor. N13, Eaton Park Road
All good thankyou!
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