Freda Blogs

Registered with Property118.com
Wednesday 10th July 2013


Latest Comments

Total Number of Property118 Comments: 243

Freda Blogs

11:54 AM, 2nd December 2020
About 2 days ago

Contract with a Housing Association - Just where is the info?

I agree with Gunga Din.

If you can't find/are not being provided with the info from the Council or the HA before you sign up, this does not bode well for what might happen after you've signed and there is a problem at the property.

What is the relationship between the Council and the HA? It’s possible that the Council has 'nomination rights' to house people in the property - who may (but are not necessarily) people who are on the Council list who cannot be housed elsewhere, and would not be your first choice of tenant in terms of their lifestyle.

Who is managing the property and what are your responsibilities? Do they have management KPIs? What’s the policy on anti-social behaviour? What assurances and safeguards are they offering you?

Why and how could this arrangement be advantageous to you as well as the HA/Council? If you can't answer these Qs, perhaps its time to look elsewhere.

If you do decide to proceed, please get proper professional advice before signing anything - you can be sure the contract they provide will be very one-sided.... Read More

Freda Blogs

21:39 PM, 1st December 2020
About 2 days ago

Does increasing Ground Rent increase the valuation?

From your question, it appears that you know very little about the process of lease extension, and if that's the case, I strongly recommend that you do not respond to your leaseholder or take further action without taking proper advice.

A starting point would be to read the attached information, provided by the governmental body Lease-advice.org. This is written from the point of view of a leaseholder rather than a freeholder, but should give you a flavour for what's involved.

https://www.lease-advice.org/advice/find-the-right-information-for-you/?step-option=61... Read More

Freda Blogs

16:59 PM, 21st November 2020
About 2 weeks ago

Commercial property - EPC clarity required?

Reply to the comment left by Hedley at 21/11/2020 - 12:19
Hedley: I can’t see that we have enough information from the OP to be able to say that the lease is contracted in to the L&T Act 1954. It could just as easily be contracted out (as many commercial leases are these days). In my view it is unwise for the OP to hang around to sort the EPC works before serving a notice when we don’t know the facts.

I go back to my original suggestion for the OP to take proper legal advice. The way forward should emerge from those discussions.... Read More

Freda Blogs

15:12 PM, 18th November 2020
About 2 weeks ago

Commercial property - EPC clarity required?

Reply to the comment left by WP at 18/11/2020 - 13:23
Ask a local commercial property solicitor and/or valuer to advise. You may be able to get a 30 min free advice session with a property solicitor. Good advice will pay for itself if you are unfamiliar with commercial property and the bear traps that may otherwise come your way.... Read More

Freda Blogs

13:12 PM, 18th November 2020
About 2 weeks ago

Commercial property - EPC clarity required?

I can’t advise on your EPC Q, however my concern arises from your suggestion to relet, probably on a rolling contract. I am hoping that you are familiar with the differences between commercial vs residential leases and the possible impact of the Landlord and Tenant Act 1954 among other things? If not, I strongly advocate that you take proper advice from a commercial property solicitor before you go any further with a reletting.

Apologies if you are familiar with commercial leases and my suggestion is unnecessary or unwelcome.... Read More