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Purchase Your Freehold Tips

What are the Responsibilities of a freeholder?

December 10, 2021 Mike Somekh

Freeholders are those who own their homes or buildings, plus the land the building is situated on and airspace above it. 

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Purchase Your Freehold Tips

Everything to Know About Buying the Freehold of a Flat

December 10, 2021 Mike Somekh

When it comes to buying the freehold of a flat, there are many things that leaseholders need to take into consideration.

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Purchase Your Freehold Tips

Ground Rents Abolished: The Latest Government Guidance

December 10, 2021 Mike Somekh

In May 2021, the UK Government published draft legislation aimed at banning Ground Rents altogether but what exactly will change and what benefits will you see if any?

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Purchase Your Freehold Tips

Freehold Directorship: What you should know

December 10, 2021 Mike Somekh

If you own a share of freehold in your residential building, you may be offered the opportunity to become a director of the freehold company. Before deciding, you should know what the role entails.

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Commonhold

Commonhold: What’s all the Fuss About?

December 10, 2021 Mike Somekh

With the Leasehold Reform Act 2024 now law, and the King’s Speech 2024 promising to bring in a new Leasehold and Commonhold Reform Bill, it’s important to revisit important Leasehold and Commonhold legislation and stay updated with the latest changes. 

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Enfranchisement

The Top 5 Mistakes every Enfranchisement should Avoid!

November 4, 2021 Mike Somekh

Official UK Government statistics estimate that there are over 4 million residential leasehold properties in the UK.

Purchase Your Freehold Tips

What To Do When your Landlord decides to Sell the Freehold

November 4, 2021 Mike Somekh

You just received a letter in the post saying that your Landlord is serving a Section 5 Notice and intends to sell the Freehold of your building, making you an offer. You know deep down that you should examine your options but where do you start, and what even is a section 5 anyway? Don’t […]

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