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 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 ...
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 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 ...
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 ...