http://tjmlaw.darkbb.com/tjm-law-f1/-t1.htm Sat, 26 Sep 2009 17:36:52 GMT 10 http://i48.servimg.com/u/f48/12/48/80/82/tjmlog11.gif http://tjmlaw.darkbb.com/tjm-law-f1/-t1.htm http://tjmlaw.darkbb.com/tjm-law-f1/extend-or-purchase-absent-landlord-t20.htm ethank76 Hi. I purchased my lease in 2004, and was informed by the solicitor just whilst drafting the contracts that the landlord is absent. The person I bought from was told exactly the same, and they arranged for indemnity insurance. I understand that the landlord has been absent for around 10 years. Myself and another leaseholder pay for all refurbishment repairs jointly. I think we have had to spend around £4k over the last few years collectively. Is there anyway of getting this taken into consideration? I ... TJM Law Sat, 26 Sep 2009 17:36:52 GMT http://tjmlaw.darkbb.com/tjm-law-f1/extend-or-purchase-absent-landlord-t20.htm#44 http://tjmlaw.darkbb.com/tjm-law-f1/extend-or-purchase-absent-landlord-t20.htm http://tjmlaw.darkbb.com/tjm-law-f1/neighbours-right-to-freehold-without-my-consent-t19.htm movingon Hoping you can help. I own a lease of approx 119 years on my flat which is one of two flats in a freehold property. My neighbours have a very short lease left on their flat (I think less than 22 years and definitely no longer than 25 years- though am not sure exactly) and are obviously very keen to buy the freehold. My lease was newly extended when I bought my flat and I am now wanting to sell. I know the the previous owners of my flat paid a premium to extend the lease before they sold to ... TJM Law Wed, 27 May 2009 13:48:01 GMT http://tjmlaw.darkbb.com/tjm-law-f1/neighbours-right-to-freehold-without-my-consent-t19.htm#38 http://tjmlaw.darkbb.com/tjm-law-f1/neighbours-right-to-freehold-without-my-consent-t19.htm http://tjmlaw.darkbb.com/tjm-law-f1/is-it-worth-extending-my-92-yr-lease-before-selling-t18.htm Hazel Hi there I've been browsing your site with interest. I've just put my studio flat on the market for £140k. I've had quite a few viewers. One was very enthusiastic about putting in an offer until she learned that my lease was 125 years with 92 years remaining (she'd previously been told by the estate agent that it was over 100 years). She requested I found out how much it would cost to extend it. I tried but the leaseholder suggests that I enlist a surveyor as they haven't had a lease extension ... TJM Law Thu, 21 May 2009 13:47:42 GMT http://tjmlaw.darkbb.com/tjm-law-f1/is-it-worth-extending-my-92-yr-lease-before-selling-t18.htm#36 http://tjmlaw.darkbb.com/tjm-law-f1/is-it-worth-extending-my-92-yr-lease-before-selling-t18.htm http://tjmlaw.darkbb.com/tjm-law-f1/marriage-value-t17.htm Shelley I am currently investigating extending my lease. I have 80 years and 10 months left on my existing lease. I employed a surveyor to value the property for me and to provide advice on what should be offered to the freeholder as the offer for the lease extension. He has valued the property at £55,000 and suggested an offer of £5500 to £6000 including marriage value. My understanding is that marriage values are not payable until the lease drops below 80 years is this correct? TJM Law Sun, 17 May 2009 08:40:03 GMT http://tjmlaw.darkbb.com/tjm-law-f1/marriage-value-t17.htm#34 http://tjmlaw.darkbb.com/tjm-law-f1/marriage-value-t17.htm http://tjmlaw.darkbb.com/tjm-law-f1/selling-a-freehold-t16.htm Diane
I would like to sell the freeholds of two properties (masonnette first floor and ground) but am unsure of the price I can ask and how I can work out a price. Could you tell me what information is needed to determine a price.

Thanks.]]> TJM Law Mon, 27 Apr 2009 14:52:28 GMT http://tjmlaw.darkbb.com/tjm-law-f1/selling-a-freehold-t16.htm#32 http://tjmlaw.darkbb.com/tjm-law-f1/selling-a-freehold-t16.htm http://tjmlaw.darkbb.com/tjm-law-f1/lease-extension-t15.htm MCB1981 Hi there, My flat is currently on the market....1 bed ground floor in Herts, on for £135000. I have had a couple of offers recently, one being for the full asking price if I exted the lease, the most recent was for £123000 due to the lease being so low. The lease has 67 years remaining. The estate agents are quite pushy and are telling me that I should basically take a low offer because of the low lease. I have used an online calculator for an estimate of the lease extension and it ... TJM Law Sun, 29 Mar 2009 18:18:18 GMT http://tjmlaw.darkbb.com/tjm-law-f1/lease-extension-t15.htm#30 http://tjmlaw.darkbb.com/tjm-law-f1/lease-extension-t15.htm http://tjmlaw.darkbb.com/tjm-law-f1/leasehold-extension-or-buying-freehold-t14.htm Jonathan Hi, I own a flat, in a building with just one other flat above. I'm vaguely thinking about moving, but the lease only has about 67 years left on it, so I will need to extend it before going ahead. Assuming the agreement of the other leaseholder, what are the pros and cons of extending the lease or carrying out a collective enfranchisement? Perhaps most importantly, how do the costs vary? The online calculator at the Lease website seemed to suggest that a lease extension of 90 years could cost ... TJM Law Fri, 24 Oct 2008 16:11:25 GMT http://tjmlaw.darkbb.com/tjm-law-f1/leasehold-extension-or-buying-freehold-t14.htm#28 http://tjmlaw.darkbb.com/tjm-law-f1/leasehold-extension-or-buying-freehold-t14.htm http://tjmlaw.darkbb.com/tjm-law-f1/leasehold-extension-under-the-legislation-or-not-t13.htm Sarah Rum Hi there, For the last 3.5 years my partner and I have owned the Leasehold to a 1 bed (Victorian conversion) garden flat in North London. There are approx 72 years remaining on the current Leasehold. We pay £40pa ground rent. Our freeholder lives above in the top 2 floors of this 3 story property. We have a fantastic relationship with her. She is widowed, and in later years. Prior to her husband's passing, he was looking into the fees/premiums for extending the Leasehold as the previous ... TJM Law Tue, 02 Sep 2008 12:29:55 GMT http://tjmlaw.darkbb.com/tjm-law-f1/leasehold-extension-under-the-legislation-or-not-t13.htm#26 http://tjmlaw.darkbb.com/tjm-law-f1/leasehold-extension-under-the-legislation-or-not-t13.htm http://tjmlaw.darkbb.com/tjm-law-f1/leaseholder-s-rights-and-freeholder-s-obligations-t12.htm petazetas I live in a house which was converted into two flats in the 80s. I own one of the flats with a leasehold (75 years remaining). The other flat is owned and occupied by the freeholder. A few months ago, I asked the freeholder to inform me if he intended to sell his flat as I would like to buy a share of the freehold. I have just found out that the flat is on the market but the freeholder has not informed me. I was told that the freeholder has to offer the leaseholder the chance to buy a share of ... TJM Law Mon, 21 Jul 2008 22:01:28 GMT http://tjmlaw.darkbb.com/tjm-law-f1/leaseholder-s-rights-and-freeholder-s-obligations-t12.htm#24 http://tjmlaw.darkbb.com/tjm-law-f1/leaseholder-s-rights-and-freeholder-s-obligations-t12.htm http://tjmlaw.darkbb.com/tjm-law-f1/inequitable-price-of-freehold-shares-t11.htm farquhc I bought a ground floor leasehold flat in a 2-flat conversion in N19 in 2004. The freeholder has now sold the other flat, and is offering me 50% of the freehold. The stated asking price is £10,000 for the freehold, my share being £5,000 plus landlord's legal fees. I have spoken to the new owner of the other flat, who tells me: a) the landlords initially offered her the entire freehold for nothing, saying (incorrectly) that I was not interested in acquiring it b) they then realised, ... TJM Law Mon, 21 Jul 2008 11:22:24 GMT http://tjmlaw.darkbb.com/tjm-law-f1/inequitable-price-of-freehold-shares-t11.htm#21 http://tjmlaw.darkbb.com/tjm-law-f1/inequitable-price-of-freehold-shares-t11.htm http://tjmlaw.darkbb.com/tjm-law-f1/buying-freehold-from-absentee-landlord-t10.htm clifton I bought my current terraced house, which was built around 1860, in 1981. It has an 'unrestricted lease to enjoy for the time you live there' etc with the lease running for 300 years from 1853. Ground rent is 'a peppercorn' and no maintenance is paid - from what I've been led to believe the land is owned by the local church. The whole block was originally leasehold with the majority now owning the freehold of their property: probably 120 houses/flats/maisonettes in total with only about ... TJM Law Wed, 16 Jul 2008 12:21:53 GMT http://tjmlaw.darkbb.com/tjm-law-f1/buying-freehold-from-absentee-landlord-t10.htm#15 http://tjmlaw.darkbb.com/tjm-law-f1/buying-freehold-from-absentee-landlord-t10.htm http://tjmlaw.darkbb.com/tjm-law-f1/post-rtm-buildings-insurance-t9.htm Johnny_Regis Hello, I have a question whish affects me directly and may affect other users of this forum, particularly those pursuing RTM. My neighbour and I have RTM we have subsequently taken out our own buildings insurance for our individual flats and in our own names. Our former management company wrote to our RTM company (me and neighbour) asking us to provide copies of the buildings insurance with the landlord (the infamous) Sinclair Gardens Investments Kensington named as the insured. ... TJM Law Sat, 12 Jul 2008 09:32:23 GMT http://tjmlaw.darkbb.com/tjm-law-f1/post-rtm-buildings-insurance-t9.htm#13 http://tjmlaw.darkbb.com/tjm-law-f1/post-rtm-buildings-insurance-t9.htm http://tjmlaw.darkbb.com/tjm-law-f1/best-time-to-extend-your-lease-or-buy-freehold-t8.htm tommerralls As a result of the poor state of the property market, I would suggest NOW is the best time to either extend your lease or collectively buy your freehold. Let me explain... You can extend your lease one of two ways..1. By agreement with your freeholder or 2. By serving a formal notice on your freeholder (assuming you have owned your flat for 2+ years). With number 1, the timescales on average would be about 2-3 months, whereas number 2 would take about 6-9 months. The above also applies ... TJM Law Thu, 10 Jul 2008 19:47:30 GMT http://tjmlaw.darkbb.com/tjm-law-f1/best-time-to-extend-your-lease-or-buy-freehold-t8.htm#12 http://tjmlaw.darkbb.com/tjm-law-f1/best-time-to-extend-your-lease-or-buy-freehold-t8.htm http://tjmlaw.darkbb.com/tjm-law-f1/purchasing-freehold-t7.htm MC2008 Hi, I am looking at the possibility of buying freehold from a 'difficult' freeholder. I live in a converted house, it has been made into 2 maisonettes - ground and floor floor. Both me and my neighbour are in agreement, but we are scared off by the prospect of a long, expensive legal case. To give rough figures, properties were selling for a 175k & 200k respectively a couple of months back, and less than 70 years remain on the leases (freehold purchased in mid 70s for circa 10k). Can you ... TJM Law Wed, 09 Jul 2008 11:44:16 GMT http://tjmlaw.darkbb.com/tjm-law-f1/purchasing-freehold-t7.htm#10 http://tjmlaw.darkbb.com/tjm-law-f1/purchasing-freehold-t7.htm http://tjmlaw.darkbb.com/tjm-law-f1/peppercorn-ground-rent-t6.htm FriendlyFreeholder Hi, We are the freeholder to a building containing 3 flats. We have had a request to extend a lease which started in 01 Jan 1987, hence it is over 21 yrs ago from start date. i.e. not qualifying as a long lease. We are happy to extend the lease 125 yrs from today with Ground Rent as is and to continue to rise as per current lease for the new extension. We have received request for zero Ground Rent, however, this is not an option that is feasible to us. As I understand there is no right to zero ... TJM Law Thu, 29 May 2008 11:01:12 GMT http://tjmlaw.darkbb.com/tjm-law-f1/peppercorn-ground-rent-t6.htm#8 http://tjmlaw.darkbb.com/tjm-law-f1/peppercorn-ground-rent-t6.htm http://tjmlaw.darkbb.com/tjm-law-f1/buying-share-of-freehold-as-an-investment-t5.htm jeremyd
Thanks]]> TJM Law Mon, 26 May 2008 12:17:15 GMT http://tjmlaw.darkbb.com/tjm-law-f1/buying-share-of-freehold-as-an-investment-t5.htm#6 http://tjmlaw.darkbb.com/tjm-law-f1/buying-share-of-freehold-as-an-investment-t5.htm http://tjmlaw.darkbb.com/tjm-law-f1/extending-my-lease-t4.htm clarecheverton
Many thanks]]> TJM Law Wed, 21 May 2008 10:33:48 GMT http://tjmlaw.darkbb.com/tjm-law-f1/extending-my-lease-t4.htm#4 http://tjmlaw.darkbb.com/tjm-law-f1/extending-my-lease-t4.htm http://tjmlaw.darkbb.com/tjm-law-f1/i-hate-lawyers-t3.htm tommerralls Despite the slightly harsh heading, this forum has been posted to elicit your positive and negative views on solicitors. So, please add your comments and share your experiences. By doing so, I hope to be able to respond to posters with the "view from the other side", being a solicitor myself. This forum will also help solicitors understand their clients more. This is the appropriate place to ask ANY question you like regarding the solicitor/client relationship. Go on, be bold ... TJM Law Thu, 17 Apr 2008 09:52:01 GMT http://tjmlaw.darkbb.com/tjm-law-f1/i-hate-lawyers-t3.htm#3 http://tjmlaw.darkbb.com/tjm-law-f1/i-hate-lawyers-t3.htm http://tjmlaw.darkbb.com/tjm-law-f1/welcome-please-read-this-short-message-first-t2.htm tommerralls Hi, I'm Tom, and I set this forum up, in line with the establishment of my new law firm, TJM Law. I'm keen to adopt a different approach, which is partly why I chose to start a forum. This forum is designed to bring together a community of people needing legal services and also welcomes contributions by lawyers, Surveyors and other professionals. Pretty much anything goes, bar foul language etc. You will see my first post is about the relationship betwen solicitors and their clients, ... TJM Law Thu, 17 Apr 2008 09:41:50 GMT http://tjmlaw.darkbb.com/tjm-law-f1/welcome-please-read-this-short-message-first-t2.htm#2 http://tjmlaw.darkbb.com/tjm-law-f1/welcome-please-read-this-short-message-first-t2.htm