Properties are classified as either freehold or leasehold. Freehold properties are owned outright by the owner for an indefinite period, free from control by any other entity. Leasehold
Why Leases Are For 99 Years?
Airbnb Sell-Off Floods Market with Properties
Nikka Sulton
There has been a significant increase in the number of homes for sale, with listings up by 20% compared to this time last year. This surge in supply
Labour’s Stance on Renting Rattles Landlords
Nikka Sulton
Just over 40% of landlords are facing a dilemma as they contemplate their voting decisions for July 4th. A significant portion expresses concerns about the potential impact of
Why Being a Landlord Is No Longer Profitable
Nikka Sulton
New data from Savills, published by The Times, reveals why being a landlord is no longer as profitable as it once was. The newspaper provides a detailed comparison
Lease Reform Bill Passed — No Ground Rent Cap for Existing Leases
Nikka Sulton
Neither leaseholders nor freeholders are entirely satisfied with the last-minute legislation. The Leasehold and Freehold Reform Bill was passed into law today, marking one of the final pieces
NRLA to Collaborate on Renters Reform Bill with New Government
Nikka Sulton
The National Residential Landlords Association (NRLA) has voiced profound disappointment over the failure of the Renters Reform Bill to progress into law. Despite efforts to amend the bill
Council Evicts Private Tenants and Charges Landlords £1,000 Fee
Nikka Sulton
A council that recently announced it would charge landlords nearly £1,000 for a licence is now facing accusations of evicting over 100 tenants. Lambeth Council in south London
Right to Buy to Further Slash Housing Stock – Warning
Nikka Sulton
England’s social housing stock is facing a significant decline, with an estimated reduction of 189,000 properties by 2040 due to the controversial Right to Buy scheme. This prediction
Airbnb Boom: Rise in Short-Term Let Properties
Nikka Sulton
A new House of Commons report reveals a significant increase in short-term lets across most of the UK over the past five years. This surge in short-term rental
How Short A Lease Is Too Short?
Nikka Sulton
There is no strict rule about the minimum length a lease should be when it is sold. However, many buyers are hesitant to purchase a lease that is