A lot of people think that once they have purchased their freehold, “that is that” and there is no further action to take. But, they could be wrong. Why? Because as a lease is a wasting asset, notwithstanding the fact that you may own the freehold via a share in a company, once the freehold has been purchased, the lease …
Leasehold Reform – some further ideas
Philip Rainey QC published a paper in January of this year that was the subject of a debate held in parliament by a cross-party group assembled by LKP/Carlex. The paper looked at some possible alternatives to residential leasehold and/ or some of the “simplest” ways of dealing with the ‘problems’ of residential leasehold – by abolishing it, or making it …