Lease extensions are a common practice in the UK property market, particularly for leasehold properties with dwindling lease terms. Extending the lease can enhance the value of the
What Happens When Leasehold Expires?
Nikka Sulton
Leaseholds are prevalent in the UK, particularly in flats. However, what occurs when they reach expiration can be complex and should be avoided whenever possible. Let’s delve into
Tax Implications of Extending Your Lease by 999 Years
Nikka Sulton
Pooling resources to collectively purchase the freehold of their building is a familiar strategy among flat leaseholders. This move offers several compelling advantages, including: Improved Building Management:
Renter Activists Unhappy with Reform Bill Outcome
Nikka Sulton
The Renters Reform Bill stands at the brink of potential enactment, poised to become law should both government and opposition parties choose to prioritize its passage before the
Landlords: Who Will Get Your Vote?
Nikka Sulton
Around half of landlords are unsure about how they will vote in the General Election. A joint survey of around 1,000 property professionals by the National Residential Landlords
Do Leasehold Properties Go Up In Value?
Nikka Sulton
When considering property investments in the UK, one common question arises: do leasehold properties appreciate in value like their freehold counterparts? Understanding the dynamics of leasehold properties can
How Much Does Extending a Lease Cost in 2024?
Nikka Sulton
A lease extension is a legally binding agreement between a freeholder and a leaseholder, enabling the leaseholder to prolong their stay in the property for an extended period.
Can A Landlord Refuse A Section 42 Notice?
Nikka Sulton
The market for purchasing short lease flats remains robust, attracting investors and developers keen on acquiring these properties for refurbishment and lease extension. In this blog, we explore
How Do You Value A Short Lease?
Nikka Sulton
So, you’ve found the flat you want to buy, but it has a “short” lease or, as some more creative selling agents now call it, a “mid-term” lease.
UK Rents Surge: Double-Digit Increases Reported
Nikka Sulton
Landlords in London are experiencing significant rent increases, outpacing all other regions in Great Britain. This trend highlights the capital’s strong rental market and its appeal to both
