John Lyon’s Charity v Terrace Freehold LLP [2018] UKUT (LC) Leaseholders making a claim to buy their freehold or extend their lease under the Leasehold Reform, Housing and Urban Development Act 1993 will not only have to pay the cost of the proprietary interest they will be acquiring, but also their landlord’s reasonable legal and valuation costs of dealing with …
Personal representatives, assigning the benefit of a notice and the registration gap
Villarosa v Ryan [2018] EWHC 1914 (Ch) Prior to 2002, those inheriting a leasehold property were left in a disadvantaged position if they were to be left a flat with a short lease, as they would have to wait for two years from the date they took assignment of the lease and had that assignment registered before they would be …
Is it a house? Is it a flat? No, it’s a ‘residential unit’
In the Law Commission’s recent paper, Leasehold Enfranchisement: A summary of proposed solutions for leaseholders of houses, published as part of the Commission’s 13th programme of law reform, many suggestions were made for a radical overhaul of the current system in place allowing leaseholders of houses to extend their leases and buy their freeholds. Amongst the more intriguing suggestions put …
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