Resources
Resources
Important leasehold reform news!
Millions of leaseholders will be given the right to extend their lease by a maximum term of 990 years at zero ground rent, the Housing Secretary Robert Jenrick has announced today (7 January 2021). The changes, making home ownership more secure, will mean that a leaseholder can extend their lease on their home but will no longer pay ground rent…
Why do we need to contribute to a Reserve Fund?
Click on the video below to listen to Property Manager Jamie, explain why you need to contribute to a Reserve Fund. “Your lease will dictate whether monies can be collected for a Reserve Fund. And if the lease confirms a Reserve Fund can be collected, then this will enable the Freeholder and their agent to plan financially for…
Why do leases need extending?
Listen to Property Manager, Jamie Fisk discuss why leases need extending. “Your lease is granted for a set period of time and at the end of that period, the property is handed back to the freeholder. By extending the lease, you are increasing the time you remain the leaseholder of the property before it’s handed back to the…
What is the difference between Freehold and Leasehold?
Listen to Property Manager, Lewis Hood, who in the short video below, will explain the difference between Freehold properties and Leasehold properties.
What is Ground Rent?
Listen to Property Manager Jamie Fisk, who will explain what ground rent is in his short video below.
What is a Section 20 Notice?
Click below to listen to Property Manager Jamie Fisk explain what a ‘Section 20 Notice’ is.
A guide to leasehold
Please read this guide for more information on leasehold.
5 ways to fire your Freeholder (or Property Management Company)
If you want to make a change to the management of YOUR building, here are 5 ways you can get rid of – or fire your Freeholder or Property Management Company. Have you ever found yourself saying something like ….. “They do little or nothing to maintain the property – and if they do lift a finger, they…