Changing Managing Agents One of the main reasons we are given by clients who are afraid to change managing agents is: Worried about being tied into a contract and unable to change. Any penalties for moving agents. Proper transfer of the files/documents. Concerns that new agents may not understand the estate. Worry that additional costs Read more about Changing Managing Agents (19.09.2016)[…]
ARMA Leasehold Library As we strive to operate our business to the ARMA-Q Standard of Block Management, they are full of useful resources for leaseholders, Directors and Freeholders and their library can be found here: http://arma.org.uk/leasehold-library If you find yourself stuck or want some advice we recommend you contact us, however a lot of the Read more about Leasehold Library (14.09.2016)[…]
Do I Need Terrorism Cover? A question asked of us frequently by Directors and Freeholders, do I really need terrorism cover on our buildings insurance? Check out this article and video on why it is required and why it should be included in the same policy as the buildings insurance: http://flat-living-mag.instantmagazine.com/flm/flm3#!/terrorism-insurance
Property Redress Did you know that any agent who practices in estate agency, lettings or property management (including leasehold) has to be a member of a property redress scheme? Do you even know what a property redress scheme is? Evolve has recently become a member of The Property Redress Scheme, one of three authorised property Read more about Redress Scheme (18.08.2016)[…]
Short Term Letting – What Do I Need To Know? A great article courtesy of Flat Living Magazine, it contains some great advice for those flat owners thinking about using their property for holiday lets or other short term rental. As always, read your lease! “There has been an increase in the amount of websites Read more about Holiday Lets (14.08.2016)[…]
Leasehold Vs Freehold – A Which Guide We’ve been provided with a really useful link to a guide about what the difference between leasehold and freehold is. If you’ve never owned a flat/house under the leasehold ownership system, please have a read through and watch the video which explains it all clearly and simply! Of Read more about Leasehold Vs Freehold (03.08.2016)[…]
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)[…]