LPL conveyancing news – Stay informed with the latest property market updates, conveyancing insights and legal developments. Our expert team at LPL keeps you up to date with breaking conveyancing news, industry trends and essential guidance on buying, selling and remortgaging your home. Trust LPL for reliable, expert-driven property law news as it happens.
The Draft Commonhold and Leasehold Reform Bill sets out proposed leasehold law changes in the UK, including changes to ground rents on existing leases, restrictions on new leasehold flats, reforms to forfeiture, and a stronger legal framework for commonhold. Buying, selling or remortgaging in England or Wales? Our conveyancing solicitors work on fixed legal fees....
Buying a leasehold property can feel confusing, especially if it’s your first home. Leasehold is simply one way to own property in England and Wales. It applies most commonly to flats, but it can also apply to some houses. In this guide, we explain how leasehold works, what you actually own, the costs involved, and why leasehold flats...
If you own a leasehold flat, you will be required to pay service charges to the landlord, their managing agent or the management company. It is important to check that the charges are fully explained and that they are reasonable. We look at what the landlord should provide and when a leaseholder can challenge service...
With electric vehicles (EVs) becoming more popular, property buyers are looking for homes that offer an EV charging point. An EV charger is faster and safer than using a standard plug and electric vehicle service equipment cable, which can take a day to fully charge a vehicle. A dedicated EV charger can be up to...
If you own a leasehold property, the number of years remaining on the lease will gradually drop. Once it falls towards 80 years, you should consider extending the lease, as it can become considerably more expensive to do this once less than 80 years remain. Most leaseholders have a statutory right to extend their lease....
The Leasehold and Freehold Reform Act received Royal Assent before the ending of parliament for the general election. The main body of the legislation is likely to come into effect in 2025/26. The new law aims to make leasehold rules fairer, easier to deal with and more transparent for those with leasehold homes. The following...
If you own a leasehold flat, you and your fellow leaseholders are likely to have the right to take over the management of the block from the landlord (the right to manage). We look at when this right arises and the potential advantages of exercising it. The Commonhold and Leasehold Reform Act 2002 gives qualifying...
If you are buying or you already own a leasehold property and the freeholder is absent or cannot be identified, this can cause problems. We take a look at the situation and how to deal with the difficulties it can create. The freeholder, also referred to as the landlord, has a range of obligations in...
The government is promoting the installation of heat pumps in homes to replace boilers, with vouchers being offered to homeowners who wish to make the switch. The Department for Energy Security and Net Zero has announced that qualifying for a heat pump grant will be simplified and financial assistance made more widely available. The vouchers...
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