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Buying your freehold

Should I be offered the Right to Buy the freehold of my building?

The Landlord & Tenant Act 1987 (as amended) can give the leaseholders, and some tenants, of a building the Right of First Refusal (RFR) when the Landlord is selling the freehold. It should be emphasised that the right is not an individual right to buy the freehold of your flat, but a collective right in respect of the whole building.

Wednesday, 25th January 2012 Read more
 

Lease Extension or Enfranchisement?

A lease extension which adds 90 years to your lease should be the most straightforward way to increase the term and protect the value of your flat which otherwise is a wasting asset.

Wednesday, 25th January 2012 Read more
 

The Marriage after the Wedding

Now the collective purchase of your freehold is complete; the hard work does not stop.

Wednesday, 25th January 2012 Read more
 

A never ending story

The recent upper tribunal (lands chamber) decision in the case of Sloane Stanley Estate v Carey-Morgan concerned an appeal from the Leasehold Valuation Tribunal on a collective claim under the provisions of the Leasehold Reform, Housing and Urban Development Act 1993 and provides helpful guidance on several topical enfranchisement issues.

Wednesday, 25th January 2012 Read more
 

Be Well Advised

It’s very important to get independent advice from a chartered surveyor prior to starting the process.

Wednesday, 25th January 2012 Read more
 

Issues with Headleases

Imagine a headlease of a block which consists of ground floor commercial premises, common parts, and 20 flats, 15 of which are held by qualifying tenants, four of which are occupied by assured shorthold tenants and one of which is a caretaker’s flat.

Wednesday, 25th January 2012 Read more
 

Something going on up top?

“The only way is up!” - that certainly seems to be the view of landlords seeking to claim development value as part of the compensation payable to them as part of a freehold purchase under the 1993 Act.

Wednesday, 25th January 2012 Read more
 

Don’t forget the bit on the side!

Approaching the cost of your freehold purchase on the basis of a collective amount based on the number of flats in the building may give a fairly accurate figure where there is little additional land, such as flats in a converted terraced house.

Wednesday, 25th January 2012 Read more
 

Enfranchisement Case Law

The on-going problem of what constitutes a house under the 1967 Act is keeping the courts busy. Practitioners await the Supreme Court’s decision in Hosebay v Day; Lexgorge v Howard de Walden this year when it is hoped the Supreme Court will give a definitive ruling.

Wednesday, 25th January 2012 Read more
 

Featured Download

Join over 10,000 other leaseholders in saving time and money by downloading the essential documents to help you in the daily running of your building.

Service Charge Application Form -

Use this form to make an application to the Leasehold Valuation Tribunal for a determination of liability to pay and reasonableness of service charges.

 

 
 

Events

Fire Safety in Flats Conference

Fire Safety in Flats Conference on 8th March 2012, at The Congress Centre, London.

An essential briefing on your responsibilities and liabilities as property managers and landlords of residential blocks.

Alep 2011 seasonal drinks reception

Over 120 members and non-members attended the ALEP Seasonal Drinks Reception in December 2011 for a festive evening of networking with their enfranchisement colleagues.

BLOCK INSURE NEWS ON THE BLOCK PROPERTY MANAGEMENT AWARDS 2011-12 WINNERS ANNOUNCED

The winners for the Blockinsure News on the Block Property Management Awards 2011-12 have been announced!

Please register for here to view. 

 

 

More Downloads

House Rules and Welcome Pack - £9.58

The first step to creating a harmonious block of flats

Demand for Ground Rent - £4.78

This download comprises a commentary and a precedent for a demand for ground rent pursuant to s.166 of the Commonhold and Leasehold Reform Act 2002.  Produced in association with the barristers at Tanfield Chambers.

Section 21B Summary of Tenant's Rights and obligations notice - £5.98

This is a precedent for a Notice to accompany demands for service charges pursuant to s.21B of the Landlord and Tenant Act 1985. Produced in association with Tanfield Chambers.