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Will we see the end of Ground Rents on Leasehold Properties?

Will we see the end of Ground Rents on Leasehold Properties?

By development

Introduction

When the Leasehold Reform (Ground Rent) Act 2022 comes into force on the 30th June 2022 it will restrict the Ground Rent payable on most types of new Leases of residential properties in England and Wales.

Leasehold Minister, Lord Stephen Greenhalgh said:

“This is an important milestone in ...

06.07.22 03:19 PM - Comment(s)
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Statutory Lease Extension : Why it should be considered

Statutory Lease Extension : Why it should be considered

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What is a Statutory Lease Extension?

Most flats in England and Wales are sold as leasehold, so if you own a flat you probably have a Lease – a contractual agreement between the Leaseholder and the Landlord or Freeholder.  The lease gives you conditional ownership of a property for a set period o...

29.06.22 09:12 AM - Comment(s)
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Conveyancing searches – protecting your investment 

Conveyancing searches – protecting your investment 

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Your new home – big or small, it’s the biggest investment you’re likely to make in your life. When you’re thinking about moving, it’s really important to make sure you know everything there is to know about your new home – not just the bricks and mortar but the area where your home is situ...

09.06.21 07:51 PM - Comment(s)
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