The year may be young but the impetus behind leasehold reform continues to grow, with the Government having already announced a new consultation on making the leasehold system fairer, and committing to make developers responsible for meeting to cost of removing unsafe cladding from lower height buildings.
To help leaseholders navigate the changing world of leasehold enfranchisement, experts from law firm Bishop & Sewell will present a FREE Leasehold Question Time webinar on Tuesday 1 February at 5pm.
Partners Mark Chick and Chris Macartney, Joint Heads of the firm’s highly-regarded Landlord and Tenant Team, will be looking at the Landlord & Tenant Act 1987 and how it applies to residential leasehold property. The webinar will focus on Part I of the Act, which stipulates how a freeholder may dispose of their interest in a property, in what circumstances the Right of First Refusal must be offered to leaseholders, and the type of transactions covered by the Act.
A Q&A session will give attendees the chance to ask questions on a range of leasehold issues including: the implications of falling lease length, ground rents and service charges, lease extensions and freehold acquisitions.
Mark Chick said: “Leasehold enfranchisement is extremely complex and the ongoing discussions about reforming the system have understandably created some confusion among leaseholders. This is the first in a series of webinars that aim to inform leaseholders about their rights and provide them with clear guidance and advice so they can make informed decisions about their property.
The webinar will consider:
- when the Act applies, and which type of transactions are caught;
- the wider processes depending upon the type of disposal and the trips and traps that arise;
- what to do if the landlord/freeholder does not comply with the provisions of the Act.
Further information about the Leasehold Question Time event and information on how to book a place can be found at: https://www.bigmarker.com/bishop-and-sewell-llp/In-conversation-with-Bishop-Sewell-Leasehold-Question-Time-The-1987-act-does-it-apply
Mark Chick and Chris Macartney are leasehold reform specialists and are recognised as authorities in the Landlord & Tenant sector. If you are thinking of buying, or already own, a leasehold property and you have a question about ground rent charges, please call 020 7631 4141 and ask for a member of the Property team, or email leasehold@bishopandsewell.co.uk
