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 …

Leasehold reform

The Housing, Communities and Local Government (HCLG) committee recently released its report into leasehold housing, in their report the select committee set a range of recommendations to the government to implement: • Ensure that commonhold becomes the primary model of ownership of flats in England and Wales• Require ground rents on new leases to be set at a peppercorn level …