New Financial Year

The best way to protect your home and household from fire is by fitting approved smoke alarms and testing these regularly.

We are often asked by leaseholders what options are available to them for extending the term of their lease. There are essentially 3 options to extend a lease and reduce or completely eliminate the ongoing ground rent requirement. Here’s a quick guide to those options.

The Leasehold Reform (Ground Rent) Bill 2021-22 sought to restrict ground rents on newly created long leases on houses and flats to a peppercorn amount (a token of no financial value). The Bill received Royal assent on Tuesday 8 February 2022 and is now law.