SHARED OWNERSHIP

The Shared Ownership conundrum

Scandal’s feel quite common in the property world now don’t they? The leasehold (or fleecehold) scandal, the cladding scandal and currently beating a loud drum, the shared ownership scandal. There’s a lot of furore around shared ownership properties at the moment. In the last week, Panorama featured it in ‘The home I can’t afford’. That followed shortly after BBCs Moneybox …

Surveying for a modern age

On my first day of working as a Surveyor, some 15 years ago, I sat down with my new manager, a gentleman by the name of Bob. He was a wispy haired cheery guy who I learned a lot from, before his own career sailed into the sunset as he retired. On that very first day and for much of …

WELCOME TO NICKY WELTON

In a time when many other firms of Chartered Surveyors and Valuers are tightening their belts, we are pleased to announce our team has grown with the recruitment of Nicky Welton who recently joined our merry band. Nicky is a Chartered Surveyor who joins us from West End firm Carter Jonas, having spent time in their Compulsory Purchase team and …

Law Commission proposals on Leasehold reform process

Today, the Law Commission published a triumvirate of eagerly awaited reports on process issues for leasehold properties including a paper called ‘Leasehold Home Ownership: Buying your freehold or extending your lease’. Two other papers were published as well, namely – Leasehold home ownership: exercising the right to manage and Reinvigorating commonhold: the alternative to leasehold ownership This article will concentrate …

BUY OR SELL YOUR FREEHOLD

Stamp duty holiday and Companies and Landlords

The Stamp duty holiday from 8th July 2020 until March 31st 2021 is a very welcome boost to the housing Market. At Websters Surveyors, we’ve noticed a significant upturn in market activity even in the week since the holiday was introduced. The number of Home Survey requests is increasing as the number of other instructions. After a quieter few months …

Jessica receives NCRQ Qualification

Our Office Manager, Jessica Moss, has successfully received the ‘NCRQ Safety for Managers’ qualification during the lockdown period. To gain the qualification she had to complete a 2-day comprehensive online course that went into great detail about Health and Safety within the workplace, whether that be office based or on a construction site. Jessica was given five in-depth case studies …

Lease Extension Webinar

We’re used to providing advice on Lease extensions and Enfranchisement in crowded rooms in front of lots of invited guests. We like to con ourselves that attendees are there due to our charm and rugged good looks. We know though that it’s actually due to an insatiable thirst to know more about how to extend their lease. Of course! It …

#lockdownhaircutchallenge

Just over a month into UK wide Lockdown due to Coronavirus and my hair has got too long. It didn’t take much to convince my wife to cut my hair grade 3 all over. She works for the NHS and whilst she’s on maternity leave with our 3 month old, her colleagues are doing an incredible job at the hospital …

BUY OR SELL YOUR FREEHOLD

Property Tax changes for Landlords

Amongst all of the troubles of living in a Coronavirus world, one thing that hasn’t escaped us is that a new Financial tax year started earlier this month. As seems to be customary at present, Government’s all-out attack on Landlords has continued. I write this not only with the cynicism of experience but also as both a Landlord and a …

Leasehold reform Law Commission report – our thoughts

“I bought my flat thinking I own my home outright. It’s a scandal that I don’t” “The value of my freehold asset should not be reduced by my tenant getting something for less than it is worth to me, or for less than I paid!” On the one side of the debate are disgruntled leaseholders, many of which were not …

Noah’s Ark Children’s Hospice £1,800

Noah’s Ark Children’s Hospice is based in Barnet, Hertfordshire. They provide clinical and emotional support to babies, children and young people with life-limiting and life-threatening conditions and their families living in North and Central London. They recently opened ‘The Ark’ in October 2019 which is a brand new facility offering specialist care and therapies to unwell children and their families. …