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Leasehold Advice Centre


    
    
Isn't it
time you took control?

Are you dissatisfied with the way in which your Landlord /
Managing agent runs your block of flats? Do you feel the
levels of service charges are high or unreasonable? Maybe
you have a short lease and are concerned about the
difficulties of selling the flat - these are just some of
the areas where we may be able to assist.
At 'The Leasehold Advice
Centre' we provide a highly efficient & very competitive fee
paying service for lessees to claim various rights to which
they are entitled. This would include;
Taking
away the management, control, repairs & even the insurance
away from the existing Landlord / Managing Agents,
effectively putting the participating lessees in charge.
Extending
your lease by an additional 90 years over and above your
existing term, all at a nil ground rent. This can be very
beneficial for lessees with short leases or those with high
levels of ground rent or undesirable ground rent review
clauses.
Buy
the Freehold of the block collectively between a number of
the lessees.
We provide a very full &
substantive service for clients and do not simply provide a 'DIY'
type paper pack where leaseholders end up doing a lot of work
themselves. We would also make the point that in our opinion the
various procedures, especially preparation & service of Notices
should only be carried out by experienced professionals who specialise in the field as it is not
uncommon for claims to fail & for leaseholders to be liable for
costs where the procedures laid out in the legislation have not been
complied with adequately. See
below /
contact us for further
information.
& STOP
PAYING GROUND RENT !

The Leasehold Reform Housing and Urban Development Act 1993
(as amended) is legislation which provides an opportunity
for an additional term of 90 years, at a peppercorn rent
which is basically the same as being rent free. The
additional 90 years is plus the present unexpired term.
It could be that you are having problems trying to sell
your flat due to the length of term remaining or maybe
have a clause which permits a significant rise in the
ground rent. This could be based as a percentage of the
value of the property which could make the Ground Rent
rise to hundreds of pounds in itself significantly
effecting the value / saleability of your property. Even
if you are buying a flat with a short lease it may be
possible for us to serve & register the Initial Notice
on behalf of the current owner (assuming they meet the
qualification requirements) & then transfer this right to you so that
you do not then have to wait the two year period before
you can apply for an extension. You can then proceed
with buying the flat with hardly any delays at
all.
Subject of course to the qualification requirements being met,
Leases can be extended on an individual basis & therefore there
is no need or requirement for others in the block to extend
their lease at the same time. We have come across a number of
Landlords who when approached try to argue that every flat must
extend at the same time but this is not the case.
We would also point out that in some cases there is what is
known as a 'Head' or 'Intermediate Lessee' as well as the
Freeholder. In such cases it is not uncommon for the Head Lessee
to have a lease of only a few days longer than the actual lease
on the property & a number of flat owners therefore think they
cannot obtain an extension. This is incorrect & where the
qualification requirements are met the Lease can still be
extended by an additional 90 years as in such circumstances it
will be the Freeholder & not the Head Lessee who grants the
extension.
We can act on your behalf to prepare & serve the Notice
of Claim upon your Landlord. We can search for 'absent
Landlords' & assist in arranging for an independent
valuation to be carried out if required. Please follow
the link below or
contact us
for further details and information.
Click here for further information about
Extending your
Lease
THE
RIGHT TO
MANAGE - RTM
It's your right - don't throw it away !
The Commonhold and Leasehold Reform Act 2002 is legislation
which provides an opportunity for the flat owners, to run
their own affairs and to make their own decisions about the
management and upkeep of their flats, including the
insurance, repairs, service charges etc. by means of The
Right To Manage - 'RTM'
The landlord's consent is not required & even where
Landlords may be absent the Leaseholders should be able
to secure the management via RTM. There is no need to
prove mismanagement by the landlord or the current
managing agent to implement the right.
We can act on your behalf to form the RTM
Company, serve the Invitation Notices and the
Notice of Claim to put you (via the RTM
Company) in control of the management of the building
at comparatively small cost. Please follow the link
below or
contact us
for further details and information.
Click here for more
information about 'RTM'
- Right To Manage
COLLECTIVE
ENFRANCHISEMENT

The 1993 Leasehold Reform Act (as amended) provides the
right for the leaseholders (via a special Company - the
Right to Enfranchise Company) to compel the Landlord to
sell the Freehold to them.
Once the Freehold in the hands of the Lessees they (via
the RTE Company) effectively own, run & have control of
the building themselves. At present not all sections of
the Act have come into force & whilst qualifying lessees
are entitled to Enfranchise presently transitional
arrangements apply whereby the Freehold is acquired
through a 'nominee purchaser' which could be an
individual, a group of individuals (i.e. the lessees) or
a Company set up, owned & controlled by the lessees.
We can act on
your behalf to prepare & serve the Notice of Claim upon
your Landlord. We can search for 'absent Landlords' & in
certain cases assisting in arranging for an independent
valuation to be carried out if required. Please follow
the link below or
contact us
for further details and information.
Click here for more information about buying the Freehold -
Collective Enfranchisement
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The Leasehold Advice Centre - Putting you & your
lease first

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2011 [The
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