Articles, tagged with "leases", page 1

Real Estate Law

Why Should I Bother Extending The Lease On My Flat?

07th December 2011
Thousands of leaseholders of flats extend their leases each year but why do they bother? Maybe you have been contacted by your freeholder with an offer price to extend your lease. Maybe you have heard that your neighbours are doing it. Now you are wonderi...
Author: Leasehold Advice

Real Estate Law

What is the definition of leasehold in the residential flat sector?

19th July 2011
Considerable confusion is evident amongst flat owners in England and Wales (the law in Scotland is a little different) concerning the definite meaning of leasehold whilst referring to their apartment or flat. You might see flats advertised sometimes as ha...
Author: Leasehold Advice

Real Estate Law

How does lease duration have an effect on the worth of an apartment?

03rd May 2011
Essentially the shorter the time left on a lease, the less a property is worth. An unexpired term of lease of 100 or more years has not much influence on the price. With leases above 100 years, the worth of the home is much the same, whatever the number o...
Author: Leasehold Advice

Real Estate Law

Can a flat be both leasehold and freehold tenure?

11th March 2011
Common questions among those new to the concept of leasehold in relation to owning a flat are; How do I convert my flat to a freehold? / How do I buy a freehold instead of a leasehold flat?/ How do I make my flat freehold instead of leasehold?. The wordin...
Author: Leasehold Advice

Real Estate Law

Getting your Deposit Refunded

22nd November 2010
Ask what you have to do to have your deposit refunded. One of the most common disputes between residents and apartment owners is that the deposits are not returned. Residents believe they met the terms of the lease and are frustrated and angry when the de...
Author: Patrick O Connor