September 2018 - Realty Law

Leasehold proposals welcomed by property lawyer

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By: Realty Law

September 27, 2018

Leasehold proposals welcomes by property lawyer A Birmingham property lawyer has welcomed proposed reforms that could radically change how leases operate for the UK’s four million house and flat owners in England and Wales. Charlotte Collins, of Realty Law, says she hopes the consultation document produced by the Law Commission will make the enfranchisement system…

Pay or the court will take it away!

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By: Realty Law

September 21, 2018

Pay or the court will take it away! Few in the industry will have missed the recent news coverage concerning the forfeiture of a £600,000 London flat over £216.62 in outstanding service charge and unauthorised works. Mr McCadden purchased a leasehold flat in 2016. His relationship with the freeholder (who occupied the flat below) soon…

Why estimating service charges is a matter of experience

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By: Realty Law

September 21, 2018

Why estimating service charges is a matter of experience The recent Upper Tribunal (UT) decision in the Wingmore Homes (UK) Ltd v Spembly Works Residents Association Ltd (2018) is a reminder that estimating service charges is a dynamic process. It is one that requires a landlord to apply its improving knowledge of actual costs from year…