When you live in a leasehold property, your home might feel like it’s truly yours; but legally, many decisions about the building’s upkeep aren’t in your hands. One of the biggest grey areas is major works: large-scale repair or improvement projects initiated by the freeholder (or their managing agent) that can lead to substantial service […]
If you and your fellow leaseholders are thinking about buying the freehold for your building, getting a professional valuation is a crucial step. But where do you start? We can guide you through the process to a successful freehold purchase. Marriage Value – this is the difference between the value to the landlord of the […]
As we hit 2026, a few key property trends are becoming pretty clear, with the big shift being a change in demand for freehold homes – largely driven by changes in the rules around leasehold properties, plus a growing push for more transparency in property deals. For people buying property, these numbers give you a […]
Collective enfranchisement can be a real minefield, with all sorts of legal and financial complications to deal with. And making matters worse is the Stamp Duty Land Tax (SDLT) – a chunky tax that’s often a major hurdle for leaseholders who want to take the plunge and buy the freehold. This tax can add a […]
Collective Enfranchisement: a term that may sound daunting, yet holds the key to an empowering process in property ownership.
For many leaseholders collective enfranchisement is the route to taking ownership of their homes but how does it work? It is clearly an important issue and we shall do a series of posts to help explain what is required and the key steps involved.
Collective enfranchisement is a concept that empowers leaseholders to take control of their living spaces by collectively purchasing the freehold of their building. This process not only grants leaseholders greater control over their homes but also offers various financial benefits and increased property value. It’s important to consider the freehold cost, which can vary widely […]
To provide a quick refresher – if you find yourself in one of these situations: You and/or other leaseholders are dissatisfied with your landlord’s management of your residential building; or you want to exercise your rights to ownership of your property; or you wish to increase the value of your property, you might be considering […]
In The Oxford English Dictionary, the rather unique term “peppercorn rent” is defined as “a low or minimal rent”. However, this definition isn’t quite in line with modern property law. The Leasehold Reform (Ground Rent) Act 2022 legally defines a peppercorn rent for the first time as ‘an annual rent of one peppercorn’. The Act […]
Official UK Government statistics estimate that there are over 4 million residential leasehold properties in the UK.
