There was a result in the UK Supreme Court which, thankfully, clarified the position for long leaseholders who sublet their property, specifically their repair obligations for areas OUTSIDE of their flat under their own tenancy agreement. A bit confusing but have a read of the article here & it’ll all make sense and all buy-to-let Read more about Leaseholders Repair Obligations (25.07.2016)[…]
Stamp Duty Land Tax – Enfranchise & Statutory Lease Extensions A question that has been asked a few times is whether a lease extension or freehold purchase is subject to SDLT? Have a look at the following article, whilst quite technical, provides some good advice to those interested: http://www.tanfieldchambers.co.uk/resources/articles/stamp-duty-land-tax Of course this is just a Read more about Stamp Duty on Lease Extensions (21.07.2016)[…]
Water damage in leasehold properties can be very costly and expensive so prevention is the best way forward. Please take a moment to read the article below some practical tips to avoid water issues: http://www.flat-living.co.uk/advice/831-how-to-avoid-internal-water-damage
The National Leasehold Survey 2016 The results are out for the annual National Leasehold Survey for 2016 and it makes for some interesting reading. The main points raised are those that I strongly believe in, such as increased communication & increasing leaseholders knowledge about leasehold. The key results are: 57% of leaseholders admit they regret Read more about National Leasehold Survey 2016 (04.07.2016)[…]
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