Resources
Resources
Unfair leasehold arrangements.
An interesting article was published recently regarding a government backed pledge to stop leaseholders being trapped in unfair and costly deals. Companies such as Taylor Wimpey and Barratt Homes have already signed the government-backed pledge, which commits them to doing away with onerous ‘doubling clauses’ that can result in ground rents soaring exponentially over a short period of time.…
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…
Leasehold in London needs changing!
An article in Show House yesterday gave the views of the Mayor of London, Sadiq Khan, who has launched a new guide to help London leaseholders while at the same time stepping up his calls on ministers to overhaul the system of leasehold for homebuyers in the capital. An estimated third of London’s homes – and over 90% of…
Why do I need to pay Service Charge and what does it cover?
Listen to Property Manager, Lewis Hood explain why you need to pay Service Charge and what it covers.
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.
What is a lease?
Click below to listen to BW Residential Property Manager, Jamie Fisk for more information.
What is a Residential Property Lease Agreement? And What Does it Cover?
Your Residential Property Lease Agreement (the lease) is an important document and is quite unique to you and your property. The lease sets out exactly what you have bought, what is exclusively yours and what is shared, what services the landlord must deliver and what proportion you must pay. The wording of leases can vary from property to property…
Section 20 – What is it?
Section20 – What is it? Your lease might make reference to a variety of terms that you will need to understand before you purchase a leasehold property. Here we explain what is meant by one of them, so; What is a Section 20 (S20)? The S20 is a clause within the Landlord and Tenant Act 1985 which was passed to…