On leasehold properties where the lease has only eighty years to run, this may cause issues for lenders in granting mortgages. Each lender will have their own specific requirements and these are governed by the UK Finance Handbook. Prior to the Leasehold Reform, Housing & Urban Development Act 1993 (LRHUDA 1993), leaseholders/tenants with insufficient terms…
Going to Court to obtain a possession order is not something that a Landlord will normally undertake lightly. Obtaining possession via the Court can not only take time, but also be costly and expensive, particularly if solicitors are involved. But obtaining a possession order is not the end of the matter. Whilst the order gives…
Legislation is due to come into force on 1 June 2019 introducing new protections for most residential tenants in the private rented sector in England under the Tenant Fees Act 2019 (“TFA”). The new legislation will apply to all new tenancies with a grace period for compliance of 1 year for existing tenancies. The purpose…
The long-awaited Supreme Court decision as to whether a landlord can succeed under Section 30(1)(f) of the Landlord & Tenant Act 1954 has decided that in the case of S Franses Limited v The Cavendish Hotel (London) Limited 2018 where the Court unanimously allowed the tenant’s appeal in the much anticipated decision on the meaning…
The Leasehold Reform, Housing and Urban Development Act 1993 (LRHUDA 1993), introduced the right for tenants to request an extension on their existing tenancy. The Act gives eligible tenants the right to request a lease extension from their landlord with a payment of a premium and a peppercorn rent. There are two ways of obtaining…
