Leaseholder vs Freeholder: Definitions & Responsibilities Explained
The terms “freeholder” and “leaseholder” refer to the owners of both freehold and leasehold properties respectively.
Quick Questions: The Meaning of a Peppercorn Ground Rent
In The Oxford English Dictionary, the rather unique term, “peppercorn rent” is defined as “a low or minimal rent”. However, what is considered low or minimal can vary greatly. And where does the idea of a ‘peppercorn’ even come from anyway?
The Right to Manage Pros and Cons
Homeowners and property owners have the right to manage their own buildings, but what are the pros and cons? Read on to find out.
Deferment Rate: Who should care?
The deferment rate is a key factor in calculating the premium a flat owner must pay their landlord for a lease extension or a share of freehold and it is likely that the long-established approach will soon be up for review. If you are not certain if this affects you, think again. The residential property […]
Service Charges: A Summary Of Tenants Rights And Obligations
Service charges can be a contentious subject, especially if leaseholders aren’t aware of their legal rights. So, understanding what they must do, and what protection they have, in the face of paying service charges, is important for all tenants.
How To Buy Your Freehold Guide
When you first approach buying the freehold, it can seem complex. Many leaseholders who wish to purchase their freehold often wonder where they should start, and do not have the complete picture of exactly what’s involved at each stage of the process.
The Guide to Issuing a Section 20 Notice (plus free template and process)
When landlords or freehold owners want to carry out qualifying works to their freehold property, a piece of legislation must be issued that ensures the work is carried out lawfully and with leaseholder permission.
What is the Right of First Refusal when buying freehold?
When trying to buy the freehold of their building, qualifying tenants may come across something called the right of first refusal. Freehold right of first refusal applies directly to the immediate landlord, and is written into the Landlord and Tenant Act of 1987.
The 4 Hidden Problems with Share of Freehold
A share of freehold is when a flat or apartment leaseholder owns a share of the freehold of their entire building.
Everything to Know About the Meaning of Share of Freehold
When perusing property, many people come across terms like “share of the freehold” but aren’t sure exactly what a share of the freehold means.