Leaseholders Friend

06/04/2021

HERE FOR YOU…….

A MUST FOR ANY LEASEHOLDER WHO IS WORRIED ABOUT THEIR LEASEHOLD OBLIGATATIONS

WHETHER YOU ALREADY OWN A LEASEHOLD PROPERTY OR A POTENTIAL PURCHASER HAVING A FULL REPORT ON YOUR LEASE WILL GIVE YOU PEACE OF MIND OF YOUR FUTURE OBLIGATIONS.

YOU NEED TO BE AWARE THAT MOST SOLICITORS WILL NOT INCLUDE THIS SERVICE AS IT IS NOT PART OF THE CONVEYANCING PROCESS AND OUR REPORT WILL GIVE A CLEAR INDICATION OF ANY POTENTIAL FINANCIAL RISKS INVOLVED IN OWNING A LEASEHOLD PROPERTY.

THE REPORT WILL BE WRITTEN IN PLAIN ENGLISH AND YOU WILL NOT NEED ANY PROPERTY EXPERIENCE TO UNDERSTAND IT. HAVING WORKED WITH FREEHOLDERS, DEVELOPERS AND MANAGEMENT COMPANIES FOR OVER 20 YEARS OUR TEAM UNDERSTAND ALL THE PITFALLS OF OWNING A LEASEHOLD PROPERTY. THE REPORT WILL INCLUDE MANY TIPS ON HOW TO AVOID PAYING UNNECCESSARY FREEHOLDERS FEES.

‘I have had countless conversations with Leaseholders who have no idea that they have not purchased a Freehold property and had no idea that they did not own the property, but were effectively renting it from the Freeholder’

‘Many Leaseholders had no idea that they needed to inform the Freeholder if they wished to make alterations to the property, or obtain permission to sublet the property’

UNDERSTANDING HOW CONFUSING OWING A LEASEHOLD PROPERTY IS, AND LISTENING TO FRUSTRATED LEASEHOLDERS WHO HAVE HAD TO PAY OUT LARGE SUMS OF MONEY THEY NEVER BUDGETED FOR, IS THE MOTIVATION FOR LEASEHOLDERS FRIEND, PLEASE FEEL FREE TO CALL US ON 0208 187 1976 OR EMAIL AT [email protected] IF YOU HAVE ANY QUESTIONS REGARDING YOUR LEASE.

BY UPLOADING YOUR LEASE TODAY, FOR THE SUM OF £95.00 WE CAN LET YOU HAVE THE FULL REPORT IN 5 WORKING DAYS.

24/03/2021

https://companieshouse.blog.gov.uk/2020/11/17/freehold-management-companies-making-decisions-and-managing-disputes/

This is a really interesting article, that really argues the case of going RTM and not have an independent Freeholder to act on all the Leaseholders behalf.

News and updates from Companies House

22/03/2021

Buying a Leasehold flat is not an easy process and the sheer magnitude of the information you will need to process is totally overwhelming.

Leaseholders Friend has been created to provide you with an easy to read report of your Lease, giving you more control and understanding of what it means to be a Leaseholder and potentially saving you money in Freeholders administration costs.

Please visit our website at www.leaseholdersfriend.com or give us a call for any queries you have regarding your lease.

22/03/2021

Let's hope this happens. It will be Impossible to get a mortgage on a property where the rent rises every 10/15 years. It's totally unacceptable.

Authority orders developers ordered to remove unfair leasehold terms: The Competitions Market Authority (CMA) is requiring Taylor Wimpey and Countryside Properties developers to remove the terms in their contracts which force

19/03/2021

BBC News - Builders told to remove 'unfair' ground rent terms

Competition watchdog says Countryside and Taylor Wimpey must change contracts or face legal action.