I hosted a talk by Gary Murphy of auctioneers ALLSOP at the recent ALEP conference on 10th October 2016. The topics that we were discussing was whether the fact that the tenants have served an acceptance and nomination notice under the provisions of the Landlord and Tenant Act 1987 has an impact on the to price achieved at auction. This …
Landlord’s Offer Notices Under Section 5B of the Landlord and Tenant Act 1987
I recently wrote about this issue in an article that appeared in Landlord and Buy to Let Magazine, see: http://www.joomag.com/magazine/landlord-buy-to-let-magazine/0540853001421676588?short However, Section 5B is an issue that is worth considering, as this means that the freehold in your building will go to auction. You may (collectively) have the right of ‘first refusal’ against any successful bidder. So, should you do anything …
Section 5A offer Notices under the Landlord and Tenant Act 1987
I was pleased to have an article published in the current edition of Landlord & Buy to Let Magazine on the subject of offer notices under the Landlord and Tenant Act 1987. These often represent the chance to purchase your freehold collectively at a lower transactional cost and provided that the ‘price is right’ then these are often worth considering. …
My landlord has changed – shouldn’t I have had the right to buy the freehold?
Not necessarily. There are quite a few types of transfer that are exempt from the 1987 Act There are several situations that do not trigger the 1987 Act1, a point that is not always well understood. Certain types of transfers e.g. transfers betwee…
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