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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
