Under the leasehold system in England and Wales, you might not own flat outright. Lease terms for flats in England and Wales can extend up to an impressive
Do I Own My Property If Its Freehold?
Landlord’s Second Court Appearance: Unusual Behavior Persists
Nikka Sulton
Giuseppe Sutera, a landlord known for repeated breaches of housing regulations, found himself once again in the legal spotlight, facing a hefty fine of £36,000. This latest prosecution,
What Are The Criteria For A Short Term Lease?
Nikka Sulton
Explore the complexities of business studies through a detailed examination of Short Term Leases. Covering definitions, financial impacts, and real-world applications, this analysis offers valuable insights for those
Can A Freeholder Force A Leaseholder To Sell?
Nikka Sulton
Under the Leasehold Reform, Housing and Urban Development Act 1993, leaseholders are granted the legal entitlement to acquire the freehold of their building, a process known as Collective
Time to Sell? Don’t Delay, Act Now!
Nikka Sulton
Rightmove anticipates disruptions in the housing market starting from the summer months, warning sellers to brace for potential challenges. This caution comes amidst a surge in sales activity
How Much Does It Cost To Extend A Leasehold?
Nikka Sulton
A lease extension serves as a contractual arrangement between a property’s freeholder and the leaseholder, permitting the latter to extend their tenure within the premises for a renewed
Renters Reform Bill Amendment: Impact on Domestic Abuse
Nikka Sulton
Generation Rent is raising concerns about a proposed government amendment to the Renters Reform Bill, arguing that it could potentially “trap” victims of domestic abuse. According to the
Should I Avoid Buying Leasehold?
Nikka Sulton
Many individuals possess leasehold properties, a form of home ownership known for its complexities. Due to its negative reputation, the government is implementing reforms aimed at reducing lease
Rent Spikes Near Double Digits Amid Rate Cut Delay
Nikka Sulton
The latest government rent index reveals a 9.2% increase in average private rents across the UK in the year leading to March 2024, slightly up from 9.0% in
Can You Sell A House With A Short Lease?
Nikka Sulton
Selling a short lease property, typically with less than 70 to 80 years left, can pose challenges. However, there are strategies to secure a sale at a fair