Hi all,
I am looking at extending my leasehold flat by adding a newbuild next to the loft (will be erected on top of the first floor). I have just asked my freeholder for the process to follow. In the past they have asked me to pay a "Landlord’s premium for the consent to be established...
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Reply to Freeholder Premium to consentby AndrewDodThe simple answer is no you can't do what you think you can. At the very least you would probably need to pay the FH at least 50% of the uplift in value of your property. The "not cutting timbers stuff" is not relevant to building something outside of your demise.
The FH might...-
Channel: Long Leasehold Questions
11-08-2022, 20:12 PM -
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Reply to Freeholder Premium to consentby LimplyMany thanks for the answer. I am already looking at buying the freehold title. Just need to convince the other leaseholder!...
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Channel: Long Leasehold Questions
11-08-2022, 19:15 PM -
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by CenturyUnited Scientific Holdings v Burnley Borough Council
Does this case mean that for a residential lease failure to give notice of GR increase during the review period doesn't matter? I.e review can be at any time, even after specified review date?-
Channel: Long Leasehold Questions
11-08-2022, 14:47 PM -
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Reply to Ground Rent reviewby CenturyWill post the wording of lease tomorrow - going sea swimming now 🤷♂️
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Channel: Long Leasehold Questions
11-08-2022, 18:12 PM -
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Reply to Ground Rent reviewby Gordon999Residential property usually sold under 99 years or 125 years leases have ground rents which increases after every 33 years or 25 years as stated in the lease. The Burnley Council case does not seem to be under a 99 year or 125 year lease. ....
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Channel: Long Leasehold Questions
11-08-2022, 17:30 PM -
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Reply to Freeholder Premium to consentby Gordon999Your lease is only a long term rental contract. You have no ownership in the building which belongs to the freeholder.
If you want to add a loft extension above the first floor, you should consider purchasing the freehold title first.-
Channel: Long Leasehold Questions
11-08-2022, 17:15 PM -
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Reply to Another leasehold nightmare!by Gordon999How many leasehold flats in your building ? North or South London ?
Under the terms of the lease, the freeholder appoints a managing agent (MA) to administer the service charge account and MA collects the service charge contributions from the leaseholders.
If you allow the...-
Channel: Long Leasehold Questions
11-08-2022, 16:47 PM -
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by porkmarketsHi all! Long time lurker here. I've used this forum for advice and ideas since purchasing my leasehold flat a few years ago which has been super useful but unfortunately I have become stuck. So I've decided finally to sign up and beg you all for some advice specific advise.
I bought my...-
Channel: Long Leasehold Questions
20-07-2022, 20:53 PM -
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Reply to Ground Rent reviewby AndrewDodI have not read the judgment but no notice is required for a residential ground rent increase that is specified in the lease. The FH does however need to invoice every ground rent request in the prescribed form -- so to at least that extent notice is given of the rate of rent requested at that time...
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Channel: Long Leasehold Questions
11-08-2022, 16:36 PM -