Featured Articles

Expensive ground rents that are crippling homeowners will soon become a thing of the past after a change in property law. Leaseholders will be able to extend their leases to 990 years with no ground rent under new legislation. Costs for extending a lease, which can run into tens of thousands of pounds, are also set to come down under the new plans. Ground rents levied by investors who own the freehold to people’s homes have left many leaseholders with huge bills for nothing in return. Freeholders, who tec

Dangerous buildings with cladding like Grenfell Tower are costing homeowners millions of pounds per year, it has been revealed. About four million people in apartments with unsafe cladding are affected, figures show. And more than a million flat-owners are having to pay £2.2billion a year for safety measures and special insurance. The apartments have become unsellable and repair bills are costing families up to £115,000 to fix the fire traps, it has been claimed. The move has caused a newspaper campaign f

Government plans to reform the leasehold system by reducing costs of extending residential property leases have been cautiously welcomed by Principle Estate Management. The leading property management company was commenting after Housing Secretary Robert Jenrick announced that new laws would help those on shorter leases who often face bills of many thousands of pounds. The proposed legislation will include allowing houses and flats to extend leases by 990 years at zero ground rent, a ground rent ban exten

The Leasehold Group of Companies has described the Government’s proposed reforms to the leasehold system as “window dressing” and has called for more detail to be provided without delay. (re timescales/how reforms will be implemented).   The Government has announced a range of proposed reforms to the leasehold system that are intended to help leaseholders to own their homes, while reducing the costs involved and making the enfranchisement process clearer and fairer. However, The Leasehold Group has exp

The Association of Leasehold Enfranchisement Practitioners (ALEP) has welcomed the announcement on 7 January 2021 as to the latest set of reforms to England's leasehold system.  However, the Association calls for clarity and further information regarding timescales, technical legal details and how changes will work in practice.   Mark Chick, Director of ALEP, said: "Today's news shows commitment from government to deliver changes in the residential leasehold sector and indicates intention to reform

Leading players in the property industry have joined forces to drive collaboration across the UK’s Build-to-Rent (BtR) sector.   Sector forecast to be worth over £550bn by 2030   British Property Federation, Moda Living, Quintain, Grainger, Get Living, PLATFORM_, urbanbubble, JLL, Homeviews, Love to Rent, SAY PC, The Oracle Group, & RoomService by CORT are among the founding members  07.01.2021, 11.00am: Today marks the launch of a national communications steering committee thr

Government plans to reform the leasehold system by reducing costs of extending residential property leases have been cautiously welcomed by Principle Estate Management. The leading property management company was commenting after Housing Secretary Robert Jenrick announced that new laws would help those on shorter leases who often face bills of many thousands of pounds. The proposed legislation will include allowing houses and flats to extend leases by 990 years at zero ground rent, a ground rent ban exten

The Association of Leasehold Enfranchisement Practitioners (ALEP) has welcomed the announcement today (7 January 2021) as to the latest set of reforms to England's leasehold system.  However, the Association calls for clarity and further information regarding timescales, technical legal details and how changes will work in practice.   Mark Chick, Director of ALEP, said: "Today's news shows commitment from government to deliver changes in the residential leasehold sector and indicates intention to refo

The Post House, part of the Royal Mail’s former sorting centre operations, is located around two miles east of the city centre, fronting the roundabout junction for the A38 Eastern Avenue, Barnwood Road and Corinium Avenue The sought-after property contains 48 luxury apartments in Phase I and another nine in Phase II. Principle was instructed to look after the properties in Phase I by Pier Management Ltd, the management arm of RG Capital Partners Ltd, who bought the freehold from development partners Coun

Leading managing agent, Rendall & Rittner has appointed Sarah Williams as Area Director to oversee property management across one of their London divisions. An experienced residential property management professional, Sarah has specialised in the block management sector for over 16 years. She joins the company from Warwick Estates where she was an Associate Director responsible for five regional offices. Prior to that she worked for RMG, where she worked her way up gaining experience across the business.

Award winning housebuilder and one of the leading developers in London and the South East, Hill Group has appointed PR and communications company The Oracle Group, to help them drive their business forward.  With an ambitious five-year plan which seeks to establish the business in the top five construction companies in the UK, Hill has chosen the Surrey based property specialist to deliver corporate and sales PR and communications. Hill Group is the UK’s third largest privately owned housebuilder, with an

Directors at residential property management firm MetroPM have welcomed a government decision to extend the deadline for applications to the Building Safety Fund for 31 December 2020 to 30 June 2021. Similarly, the deadline for a start on site for remedial works has been extended from 31 March 2021 to 30 September 2021. MetroPM director Ian Smallman said: “The Building Safety Fund is intended to meet the costs of remediating cladding systems which do not adequately resist the spread of fire. “It requires