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Lease Extensions: Why the Best Time to Act Is Early
If you own a flat, there is almost always a lease involved, and that lease has a finite term. Every year that passes, it gets shorter. Most leaseholders know this in principle and give it very little thought in practice, which is understandable when the remaining term still runs to decades.
Buying Your Freehold: When Flat Owners Can Club Together
Most people who own a leasehold flat have, at some point, felt the limits of it. The building is managed by someone else. The service charge arrives and the reasoning behind it is not always obvious. The lease gets shorter each year. Decisions about the building you live in are made by a freeholder you may never have met.
Buying at Auction: Why the Legal Pack Is the Whole Game
Buying at auction is appealing for the same reason it is risky. It is fast, it is certain, and there is no chain. The flip side is that almost all of the protection you would normally have in a property purchase has to be put in place before you raise your hand.
The Other Side of the Lease: What Commercial Landlords Should Get Right
Most writing about commercial leases is aimed at tenants, which is fair enough, since tenants are usually the ones signing something they did not draft. But a lease is only as good as the protection it gives the landlord, and the problems landlords encounter tend to have their origins in decisions made right at the start.