When buying a flat you’re doing much more than just choosing a property to live in. You are purchasing into a property ownership that has significant implications regarding your expenses, legal rights, and long term safety. Finding out whether the property you are purchasing is share of freehold or leasehold before placing an offer, remortgaging, […]
Think of the difference between waiting many months for your permission for an essential roof repair, and making the decision to act (and pay for the repairs, building maintenance and improvement) yourselves. This is what leasehold property owners in London and across the UK now enjoy by joining with others to collectively buy their freehold. […]
You try to wrap your head around the idea of owning a freehold flat on the first floor – only to find yourself puzzled and unsure. It’s a pretty odd scenario, even for someone well-versed in property ownership. And you’re not alone – loads of people have the same question! Lenders can be a bit […]
It’s a question that often confuses even experienced flat owners: if you share the freehold of your building, who exactly is your landlord? The answer lies in understanding the legal structure of share of freehold flats, and how the traditional concept of a landlord changes when leaseholders also become freehold owners. This guide explains who […]
Thinking about extending your lease? You’re definitely not the first one to be worrying about the dwindling time left on your lease. For many flat owners, the ticking clock can be more than a little unnerving. But it’s not just about the countdown – it’s about making sure your home is still worth something, and […]
As the introduction of Commonhold looms, experts fear tensions between neighbours will rise – not because the system is inherently flawed, but because it radically enforces the reshaping power, responsibility, and human behaviour within shared buildings. Under leasehold, most disputes are aimed at the landlord or managing agent. Under Commonhold, decision-making shifts sideways, placing neighbours […]
The Freehold Collective is expanding its services with the launch of a multi-disciplinary network designed to achieve better outcomes for leaseholders. The TFC Partnership Network will see solicitors, surveyors, managing agents and other experts coming together within the TFC ecosystem to provide a one-stop shop for collective leasehold and commonhold claims and litigation. Mike Somekh, founder of […]
Whilst they share some similarities, important practical and legal distinctions remain. While the Government and the Law Commission continue their work on reforming the law and extending the use of commonhold as part of the framework for property ownership in England and Wales, for the time being Share of Freehold is the better understood option. […]
Just got a letter saying your landlord is serving up a Section 5 Notice – also known as an offer notice – and wants to sell the freehold on your property? If this is the scenario you’re in, then don’t freak out. This article covers everything you need to know about what your landlord is […]
Commonhold property ownership is an established concept in UK law which offers several advantages to owners of property in relation to current leasehold arrangements. Despite its benefits, it remains significantly underutilized, with fewer than 20 registered commonhold developments currently in the UK. For scale the total number of properties in the area are many times […]
