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.

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 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 ...

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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 ...

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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 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 ...

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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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What is Marriage Value?

Tuesday, 11th January 2011 | by: Peter Barry

In my last leasehold post we said that we would try to explain the implications of the Leasehold Reform Act in as simple ...

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Leasehold Reform

Friday, 26th November 2010 | by: Peter Barry

We get quite a few enquiries each week on the subject of Leasehold Reform.  The conversion often starts as follows:- ...

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I had a really positive experience with Shaun Blake at Peter Barry. The survey was very thorough and Shaun was on hand to answer several follow-up questions I hand. I would recommend them to anyone.
Requested a level 2 survey with Peter Barry and was very happy with the service, the survey goes above and beyond what I have experienced before and gave a very thorough breakdown of the risks and what next steps both I and the solicitor should take. I highly recommend going with them!
Response from the owner:Thank you for sharing your experience working with Peter Barry Surveyors.
I’m using them to help with lease extension and provide valuation, survey and advise on same. Still in the process, but they have very quick, efficient, professional and also helpful to date.
Lease extension is a tricky process so having them deal with this efficiently and provide clarity has been so welcome.
Response from the owner:We are pleased to hear how useful you have found our service.
Peter Barry offers an efficient and effective service. Helpful advice on various levels of homebuyers reports. It was so helpful to be able to talk things through with David Breeze. Recommended.
Response from the owner:Thank you for your recommendation Mr Greenwood.
Administrator Joanne was super quick to get me into their system and assigned Surveyor, David Breeze. David is delightful, wonderful, knowledgable, even helpful after surveying the property to assist me with outstanding tasks to make sure I was comfortable and understood the reports.
Response from the owner:We are pleased to hear that you were so satisfied with the service you received from David.
Excellent customer service.
Jaynell was extremely helpful and David Breeze provided us with a very comprehensive and detailed report.
We welcomed the opportunity to speak with him before and after the survey. He answered all our questions and addressed our concerns by recommending possible solutions. I have already recommended him and all at Peter Barry.
Thank you for a very positive customer experience.
Response from the owner:We appreciate your recommendation & positive feedback, thank you.
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