WHAT IS A LEASE?

Under English Law, almost all flats are sold on a Leasehold basis and houses, in most cases, will be Freehold. The legal side of buying a property can be confusing and full of jargon. This even applies to the most important document which sets out all the terms of your ownership of your new flat

Tenant Deposit Scheme – the saga continues

The Tenant Deposit Scheme is to be re-visited by the Government within changes proposed by the Localism Bill.   The Tenant Deposit Scheme has a very unhappy history.   Designed with a simple ambition of protecting tenants’ monies with an arbitration service to resolve disputes, all parties have found the Housing Act 2004 legislation unsatisfactory. Landlords face

Residential Service Charges

There have been recent cases which emphasise the importance of ensuring that the terms of the lease are properly considered in relation to service charge collection and that statutory requirements are met.  The Upper Tribunal has also made interesting observations on apportionment of service charges within a lease. 1.         A clause provided for management to