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.
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.
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 […]
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 […]
A collective freehold purchase is a way for leaseholders in a single building to work together to buy the freehold – giving them overall ownership of the property and land it sits on. This is often known as collective enfranchisement. It’s a process governed by law and involves several key steps that need to be […]
In January 2021, the UK Government issued a press release trumpeting the “biggest reforms to English property law for 40 years”. However, will leaseholders really see any benefits? If so, to what extent and when?
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.
The Freehold Collective, a partnership dedicated to helping leaseholders acquire the Freehold of their building, has been awarded, for the second year running, Project Manager of the Year at the 2023 ERMAs, whilst Senior Account Manager John Henderson was Highly Commended in the Professional of the Year category.
If you have a leasehold property and need to extend your existing lease, but aren’t sure how, you’re in the right place.
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.
