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The main difference between leasehold and freehold property ownership lies in control and duration. Freehold ownership means owning the property and the land it stands on indefinitely. Leasehold owner...
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On 27 November 2023, the UK government unveiled the Leasehold and Freehold Reform Bill, marking a pivotal moment for England's property landscape. With its progression through the House of Commons, in...
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The Leasehold and Freehold Reform Bill was introduced to the House of Commons and was given its First Reading on Monday 27 November 2023. The takeaways from the draft bill for enfranchisement and l...
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Following the King’s Speech on 07 November 2023, The Department for Levelling Up, Housing and Communities has commenced public consultation around a series of options for how the government could in...
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What exactly is a shared freehold? And more importantly, how does it fit into the broader picture of property ownership in the United Kingdom? In this comprehensive guide, we'll delve into the nuances...
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As the law currently stands, leases granted after 14 February 2022, including statutory lease extensions (as they necessarily take effect as a surrender and re-grant), are not “qualifying leases”...
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Bona vacantia is a Latin term that refers to property that has no owner. In the context of flat ownership, bona vacantia may be relevant if the freeholder of the building goes missing or becomes insol...
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Deciding when to extend the lease on your flat can depend on a number of factors, including the current length of the lease, the value of the property, and your future plans for the property. Here are...
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