Category Archives: Lease Extension

Your Leasehold Extension – key definitions

By Tim Bishop | Published: December 10, 2012

Leasehold Reform, Housing and Urban Development Act 1993 (as amended) Commonly referred to in contracted form as the ‘Leasehold Reform Act 1993’ this is the legislation which provides leaseholders with the legal right to apply to extend the lease on their properties and which sets out the procedure that must be followed in order to [...]

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The importance of immediate lease extension

By Tim Bishop | Published: August 10, 2012

99 year leases came with a majority of flats built between the early 60’s and late 80’s. These properties are likely to prove difficult to either get a mortgage on or sell if the unexpired length of the lease has dropped below 70 years. These are extended leases will also fetch a lower sale price [...]

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Different approaches to purchasing the freehold of your building

By Tim Bishop | Published: May 17, 2012

Under the Leasehold Reform, Housing and Urban Development Act 1993, Leaseholders have a legal right to act together to buy the freehold of their building if they meet certain qualifying criteria, known as freehold purchase [or leasehold enfranchisement] . The Act sets out a procedure and timescales to be followed to purchase the freehold. Under this [...]

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Why you should seek a specialist Lease Extension Surveyor

By Tim Bishop | Published: May 10, 2012

The majority of surveyors rarely deal with lease extension valuations and few high street surveyors completely understand how lease extensions really work due to their complexity and are unlikely to be able to provide you with a proper valuation. Therefore it is vitally important that you find the right specialist lease extension surveyor to provide [...]

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Private client microsite catch up

By Tim Bishop | Published: April 20, 2012

If you are new subscriber to this blog, it is possible that you have missed out on some of my recent blogs about the various specialist microsites that the firm have recently launched. If you have missed out, here is a guide to some of our recently launched web sites; http://contestingawilluk.co.uk – one area of [...]

Also posted in Accident Claims, Compromise agreement, Contesting Will, Employment law, Enfranchisement, Family law, Professional negligence claims | Comments closed

Completion of our lease extension team

By Tim Bishop | Published: March 13, 2012

As a follow-up to last months blog about our recruitment of a brand new leasehold extension solicitor, I can now confirm with now recruited a second solicitor and completed our lease extension team. Our new solicitor, Martyn Davies, has many years experience as a lease extension and commercial property solicitor and joins us as a [...]

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Is it the right time for your lease enfranchisement?

By Tim Bishop | Published: March 8, 2012

I just caught a glimpse of an interesting survey that currently appears on the LinkedIn leasehold enfranchisement group. If you haven’t come across it before, LinkedIn is the highly successful business related social media platform. According to today’s poll of specialists in the leasehold enfranchisement industry, including surveyors, leasehold extension lawyers and managing agents, 76% [...]

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Why you should consider a Lease Extension

By Tim Bishop | Published: February 27, 2012

A short lease can adversely affect the saleability of your residential property. With the high proportion of leasehold properties under £500,000 with less than 80 years remaining, property purchasers are also disadvantaged. In recent months, many lenders have amended their policies in favour of long leases and increased the requisite number of years remaining on a [...]

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Picking a solicitor – going local or searching online

By Tim Bishop | Published: February 16, 2012

According to a recent survey by Contact Law – a national “find a lawyer” service, the most common legal issue for which they received enquiries in 2011 related to employment law – which alone accounted for almost 20% of requests for help made to them. Family law and divorce were, apparently, the second most common [...]

Also posted in Conveyancing, Employment law, Family law, Intellectual Property, Professional negligence claims, Wills | Comments closed

Our lease extension team expands

By Tim Bishop | Published: February 15, 2012

Those of you who regularly plough through this legal blog, will be familiar with the fact that we specialise in lease extension work. In fact, our lease extension work has grown so quick of late, that we have just taken on a brand-new member of our expert team – a specialist leasehold extension solicitor, Sam [...]

Also posted in Enfranchisement, Right to manage | Comments closed