With all the talk around Freehold and Leasehold Reform throughout 2024, you might be wondering if freehold purchase legislation has changed or is changing. Fret not, we’re on top of it. We’re always keeping an eye on and contributing to the state of freehold purchase law in the UK, because that’s what we do: help […]
Ground rent is a periodic payment made by leaseholders to the freeholder as part of their lease agreement. While many ground rents are manageable, some can be considered “onerous” due to being excessive, having frequent increases, or complex terms that create financial strain for leaseholders. Understanding onerous ground rent is vital for property owners and […]
Buying a freehold property is a big deal, and understanding solicitor fees is a crucial part of the process. These fees are way more than just a bunch of numbers on an invoice – they’re the cost of making sure everything is above board, your interests are protected, and the whole thing runs smoothly.
Ground rent is a term familiar to many leaseholders, yet its implications can often be unclear. Understanding ground rent, especially regarding increases, is crucial for leaseholders. This article aims to clarify whether a freeholder can increase ground rent, examining legal, contractual, and practical aspects. It is also personal to us. The Freehold Collective was founded […]
Understand the big difference between freehold and leasehold – and why it matters. Freehold ownership means you own the property and the land it sits on, lock stock and barrel. That comes with its own set of perks and downsides, but there’s also an alternative to consider: buying the freehold, or share of freehold, which […]
Step 3 is where most collective freehold purchases slow down or fail. Here is why, and what to do instead. Imagine a scenario where a 7-flat building begins a collective freehold journey with five willing participants, more than the required half. At Step 3 they instruct a local solicitor who has not handled a collective […]
Breaking News: The King’s Speech featured a brief snippet on Leasehold Reform. We look at the implications and what leaseholders might be able to expect.
Are you a leaseholder who has recently received a notification from the local council of a proposed development of new flats on your roof? If so, this guide is for you.
Understanding the difference between freehold and share of freehold is crucial — especially if you’re buying a flat, extend your lease, or navigating ownership responsibilities with other residents.
At first glance, ground rent and service charges can be intimidating and confusing to try to navigate. But we’re here to share a little expertise to help you better understand what these are, how they work, and how to use them for your benefit.
