Abolition of the Two-Year Ownership Requirement
The UK government has introduced a key provision of the Leasehold and Freehold Reform Act 2024, that took effect on 31 January 2025. This change marks a significant improvement for leaseholders looking to extend their leases. The Leasehold and Freehold Reform Act 2024 (CommencementNo. 2 and Transitional Provision) Regulations 2025 was signed
Leasehold reform 2024
The passing of the Act has caused a lot of uncertainty for us and the industry as a whole so it is very difficult for us to be able to advise clients as necessary whether to proceed now or to wait. To summarise, at present, the changes to the law has not come into effect […]
Parliament Closes Qualifying Lease Loophole in Building Safety Act 2022
In a significant move to address concerns surrounding leaseholder protection provisions, the government has amended the Building Safety Act 2022 to rectify a critical loophole related to “qualifying leases.” The amendments, included in the Levelling-Up and Regeneration Act 2023, which received Royal Assent on October 26, 2023, marking a decisive step toward streamlining the complex […]
Leasehold Reform Update November 2023 following Kings Speech
Leasehold Reform: Analysing Key Proposals from the King’s Speech The Leasehold and Freehold Reform Bill, as unveiled in the King’s Speech, aims to revamp the intricate leasehold system in the UK. However, the proposed changes have ignited a mix of interest and skepticism among leaseholders and industry experts alike. The existing leasehold laws, spanning over […]
Land, Development Sites, Retail & Office Sites Required for Retained Clients – London & Surrey
We have an extensive range of clients actively seeking residential and commercial property or land within the M25 for immediate acquisition. In many cases, properties can be acquired in as little as 14 days. Any location within the M25, condition, use, tenanted or vacant – we can arrange a sale on terms and timescales to […]
Covid 19 Update
Dear Valued Clients, the safety of our clients, staff and the wider public are of paramount importance. We continue to operate as normally as possible in accordance with government guidance and are closely monitoring the situation during the uncertain and challenging times. We introduced various risk prevention measures and the majority of our team are […]
Building Survey Technical Terms – #Understanding Jargon
We are often asked by clients to explain which parts of a building may need attention or repair when carrying out RICS Homebuyer Surveys or Building Surveys. This useful diagram produced by the RICS helps identify the components of a particular building in which we refer to within our reports. If you are considering purchasing […]
Lease Extensions for Residential Flats – Statutory or Informal Lease Extension?
When the time comes to extend you residential flat lease, you really need to make the right choice. Unfortunately, freeholders’ mandates and client circumstances can vary, which means making up your mind to go down the statutory or informal route may initially prove cumbersome. On one hand, if you own a low lease flat, you […]
Lease Extension Issues Highlighted to Kingston Chamber of Commerce by Blakes Chartered Surveyors
Blakes Property – Special Introductory Sales & Lettings Offer – Book your FREE Market Valuation Today
Blakes Property are delighted to celebrate the launch of the new Kingston Hill office in the new year with a special introductory sales commission rate of just 0.75% for all new instructions up until the 28th February 2017. We also offer outstandingly low fees for lettings starting at just 5% plus VAT. Kingston’s only independent […]
