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 is there a Health and Safety section in my Service Charge budget?
Click on the video below to listen to Property Manager, Jamie explain why there is a Health and Safety section in the Service Charge budget. “The Health and Safety section in your Service Charge budget will mainly cover the costs for both the Health & Safety and Fire Risk Assessment to be carried out. It is vital that…
What is Commonhold?
Click on the video below to listen to Property Manager, Lewis discuss what Commonhold is. “Commonhold is a type of property ownership which was introduced with the overall aim to replace leasehold by simplifying the system where a set of rules will apply to any commonhold property. To date, there are approximately fifty blocks of flats which are…
‘Statement of Estimates – Why do we need this and what’s included?’
Click on the link below to listen to Property Manager, Jamie Fisk explain about the “Statement of Estimates”: “A Statement of Estimates can only be issued once the first notice (the Notice of Intention) has expired. This will include recommending contractors and their prices by the landlord or agent, as well as contractors nominated by the leaseholders if any…
‘Notice of Intention’ – why do we need this and what’s involved?
Listen to Property Manager, Lewis explain what a ‘Notice of Intention’ is. “A Notice of Intention is sent to inform leaseholders what work the landlord or managing agent is planning to carry out. The notice will give recommendations as to why the work should be carried out. An address and time will be provided of where the specifications of the…
Can I sublet my flat?
Click below to listen to BW Residential Property Manager, Lewis Hood talk about subletting your flat and whether you would be in breach of your contract or not. “Your lease will provide details on whether you are permitted to sublet your flat. The majority of leases will allow you to sublet but you will often need permission from…
What is a RTM? (Right to Manage)
Click below to listen to BW Residential’s Property Manager; Lewis Hood talk about “What is a RTM?” Further information about Right to Manage can be found here.
A guide to leasehold
Please read this guide for more information on leasehold.
What is a lease?
Click below to listen to BW Residential Property Manager, Jamie Fisk for more information.