Long Leasehold Questions

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Sticky: FAQ On Leasehold Property Issues-Your Answer Might Be Here by leaseholdanswers Started by leaseholdanswers, 29-05-2014, 08:36 AM	3 responses 9,518 views 0 likes	Last Post by Moderator2 17-06-2021, 21:40 PM
Previous lessee altered balcony years ago- am I liable? by PeterLondon Started by PeterLondon, 11-11-2009, 10:48 AM	11 responses 3,716 views 0 likes	Last Post by vicbauer24 21-11-2009, 09:49 AM
Nobody wants to be director/secretary by Jussi Started by Jussi, 09-11-2009, 12:52 PM	11 responses 7,954 views 0 likes	Last Post by Esio Trot 20-11-2009, 15:36 PM
Quorum required at meeting of shareholders/members? by Esio Trot Started by Esio Trot, 02-11-2009, 15:40 PM	6 responses 2,579 views 0 likes	Last Post by Esio Trot 20-11-2009, 15:12 PM
Lease- 84yrs. unexpired but Chancery St. James owns f/r by Anags Started by Anags, 17-11-2009, 17:35 PM	12 responses 4,456 views 0 likes	Last Post by jeffrey 20-11-2009, 12:43 PM
Restrictive Covenant - No structural alterations by popeyeuk Started by popeyeuk, 19-11-2009, 12:40 PM	7 responses 2,328 views 0 likes	Last Post by jeffrey 20-11-2009, 10:34 AM
Freeholder in receivership... by Spawn_Xe Started by Spawn_Xe, 18-11-2009, 00:19 AM	5 responses 2,236 views 0 likes	Last Post by Gordon999 19-11-2009, 10:22 AM
Neighbour using communal hall area for storage by murphydog Started by murphydog, 10-03-2009, 21:03 PM	5 responses 3,437 views 0 likes	Last Post by Bel 18-11-2009, 09:12 AM
Company Solicitor by feebee Started by feebee, 16-11-2009, 19:10 PM	6 responses 1,096 views 0 likes	Last Post by sgclacy 17-11-2009, 14:58 PM
Trying to agree price for extension by gemnjam Started by gemnjam, 16-11-2009, 12:11 PM	7 responses 995 views 0 likes	Last Post by James 2009 17-11-2009, 12:44 PM
Collective enfranchisement- ongoing subsidence claim? by James 2009 Started by James 2009, 16-11-2009, 11:58 AM	7 responses 1,133 views 0 likes	Last Post by James 2009 17-11-2009, 08:07 AM

Reply to statutory lease extension - are valuations necessary

by Sydaton

I'm confused. When you said, "The landlord solicitor did not agree to any alterations which means that we would be in immediate breach of many regulations if we accepted the lease unaltered." it suggests that you had asked for amendments....
- Channel: Long Leasehold Questions
03-07-2022, 20:39 PM
statutory lease extension - are valuations necessary

by aurora1

Dear All

I am in the process of extending the lease informally, however, things got stuck and after 10 months of something that was suppose to be a quick and smooth process I now think we should do a statutory extension. Basically the landlord had a close in the last lease that every next...
- Channel: Long Leasehold Questions
03-07-2022, 08:23 AM
Missing joint freeholder in 2x flat block, able to to gain share of freehold?

by JonRo15

Hi, quite an unusual situation I'm in, and not sure of the options available to me.

There are two flats in my building, I own the lease to one, and one of the two freeholders owns the other.

We are both encountering issues with selling/lease extensions as the second freeholder...
- Channel: Long Leasehold Questions
02-07-2022, 16:37 PM
Reply to Missing joint freeholder in 2x flat block, able to to gain share of freehold?

by vmart

It may be possible for you and the other leaseholder to make an enfranchisement claim. As one party of the freehold is absent it is likely if that remains the case you will need to apply for a vesting order at the appropriate point in the process.

Funds for the premium will be paid to the...
- Channel: Long Leasehold Questions
03-07-2022, 19:36 PM
Reply to statutory lease extension - are valuations necessary

by Gordon999

The Leasehold Reform (Ground rent ) Act 2022 became effective on 30 June 2022 and your "statutory lease extension" should state "one peppercorn ground rent".

Does the new lease include "one peppercorn" ground rent for the entire period ? The Landlord's...
- Channel: Long Leasehold Questions
03-07-2022, 13:25 PM
Reply to Missing joint freeholder in 2x flat block, able to to gain share of freehold?

by Gordon999

I suggest you take your problem to the Court Manager at your local Magistrates Court for assistance....
- Channel: Long Leasehold Questions
03-07-2022, 13:15 PM
Reply to Missing joint freeholder in 2x flat block, able to to gain share of freehold?

by JonRo15

I understand that the two freeholders are seen as one legal entity, but surely if one is proved to be absent then his title can be changed to me via court application with the agreement of the other, existing freeholder? i found the below which appears to be exactly the situation I am in

...
- Channel: Long Leasehold Questions
03-07-2022, 10:48 AM
Reply to statutory lease extension - are valuations necessary

by Section20z

No there's no requirement for any independent valuation. It's only routinely used in case the offer price needs to be argued at FTT...
- Channel: Long Leasehold Questions
03-07-2022, 09:05 AM
Reply to statutory lease extension - are valuations necessary

by aurora1

Thank you. Just to clarify - we do not want any amendments, we just want to extend it as it is. Does the act require a valuation even if the price is agreed?...
- Channel: Long Leasehold Questions
03-07-2022, 08:49 AM
Reply to statutory lease extension - are valuations necessary

by Sydaton

If you are relying on the statute to force the freeholder to extend then yes a valuation would be required. But if the freeholder is prepared to accept the negotiated price then presumably they are no going to accept the amendments you propose? So you're then back where you are now, I'm afraid....
- Channel: Long Leasehold Questions
03-07-2022, 08:36 AM

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