Tag: leasehold property
Commonhold and Leasehold Reform Bill: What you need to know about proposed changes to leasehold legislation
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. Often referred to simply as leasehold reform, these proposals are not yet law. They were published...
Install an electric vehicle charger
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...
What are the legal implications of Airbnb-type short lettings?
With the increase in popularity of short lets, such as via the Airbnb website, it is important to understand the legal implications, to include whether this type of short-term letting is permitted for leasehold properties and what preparations need to be made to protect your property and restrict your liability. While it is relatively easy...
Buying or selling a leasehold property
If you are buying or selling a leasehold property, you may find the conveyancing takes slightly longer than normal. The reason for this is the added information that will need to be provided. Most houses are freehold properties, while flats are usually leasehold. When a property is leasehold, the freehold is owned by the landlord...
