Month: November 2018
Equity Release – the myths dispelled
Homeowners aged over 55 who purchased their property a few years ago are likely to find that it’s risen a lot in value. If they don’t want to downsize to release the cash, equity release is a way of giving them access to their money while they continue to live in their home. A growing....
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Freeholders and lease extension – fulfilling your obligations whilst safeguarding your rights
Many leasehold properties were built in the housing booms of the last century, meaning that their leases are fast approaching the point where there is less than 80 years left to run. It’s at this point that these properties become more difficult to sell, and consequently freeholders can expect to ....
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Can divorce be a “meal ticket for life”?
England, particularly London, has long been dubbed the “divorce capital of the world” as English courts have in the past had a reputation around the world for awarding generous payouts to the financially weaker party in a divorce; financial awards made in other European countries are generally m....
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How to avoid the pitfalls in lease extension
Nearly one in five of all properties in England is leasehold, with around 3 million flats and 1.4 million new-build houses being owned in this way. As many leasehold flats date from the building booms of the last century, their owners are becoming aware that it’s time to negotiate an extension,....
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