Buying A Flat? Importance of Lease Length When buying a flat it is important that the purchaser understands exactly what they are acquiring. A purchaser will view the property several times and will have a great understanding of the layout, condition, the parts of the...
A headline in the Guardian this week read: ‘Prince Charles vetted laws that stop his tenants buying their homes’ Although interesting, it is not a huge surprise to anyone working in the world of lease extensions. You are entitled to extend your lease by 90 years MOST...
The Aylesbury Estate regeneration scheme is being undertaken by The London Borough of Southwark. The Council is currently negotiating to acquire property on the estate by agreement with leaseholders. In the unlikely event that the Council purchases every flat, they...
A lease extension could take one month or eighteen months to complete. The speed of the process is largely dependent on the actions taken by leaseholders and freeholders during the process. If you are looking to sell your flat in the next year or two and you believe...