Comment by Mark Chick Countryside Properties has joined Taylor Wimpey and Aviva in announcing it will end the doubling of ground rents on new build developments. Following an investigation by the Competition and Markets Authority, Countryside Properties will make adjustments to leases so that leaseholders will be able keep rents at the same level as when they first bought their …
Mark Chick FPRA Newsletter Article – The CMA Investigation article from July 2021
The so-called ‘leasehold scandal’ has become one of the biggest topics of discussion in the leasehold sector. Many leaseholders who have found themselves with ‘time bomb’ or frequently doubling ground rents (those rising at intervals of 5, 10 or 15 years) feel exploited as they have found themselves bound to pay ground rents to their freeholder that will increase in …
Duval v 11-13 Randolph Crescent Ltd [2020] UKSC 18 – What does the Duval case mean in practice?
What does the Duval case mean in practice? Duval v 11-13 Randolph Crescent Ltd [2020] UKSC 18 For those of us dealing with Landlord and Tenant law on a daily basis, the Duval case is troubling on a number of different levels. What does the case say? To recap, what the case effectively says is that if there is an absolute prohibition in the …
Law Commission Report on Enfranchisement- Good News for Leaseholders
As you will probably have seen, the Law Commission has now published its long awaited report into the reform of the Law in relation to enfranchisement. This has been accompanied by two other reports on Right to Manage and the introduction/ reinvigoration of Commonhold. Further details of each of these can be obtained by looking at the Law Commission’s website. …