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Posts on Freehold Law

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If your property is still leasehold, the clock is ticking. If you have less than 60 years left to go on your lease you should seriously consider buying the freehold.
The Secretary of state for housing, communities and local government James Brokenshire has written to the Competition and Markets Authority and the Solicitors Regulation Authority in an effort to tackle issues with the leasehold market.
Recently we have dealt with a number of clients who have purchased the freehold title to their property. The problem with leasehold properties is that every year the cost of the freehold will increase and as the term of the lease diminishes even further, the price will escalate quite dramatically.
Is your home leasehold? If so, do you know how many years are left remaining before ownership of your home reverts to the owner?