The Leasehold Advisory Service conference 2016 The annual conference of the Leasehold Advisory Service saved until the last moment its most dramatic bombshell: by the year 2020 LEASE needs to be self-financing. The Department of Communities and Local Government, on which LEASE is dependent, is facing 30 per cent cuts in budget. This inevitably means […]
UPDATED with analysis of the decision below Right to manage legislation is in chaos following Friday’s Court of Appeal decision to prevent RTM companies from managing more than one building at a site. The decision drives a hole through current RTM legislation and, in LKP’s view, can only be addressed with primary legislation. It means […]
Recommendations by the Competition and Markets Authority to make right to manage applications less problematic appear to have been rejected by the government. The rebuff came the same day of the Budget speech (March 18) that said the government “will take forward CMA recommendations, and other actions agreed with the CMA, to improve the market […]
The freeholder of Manchester’s prime No.1 Deansgate blinked first and dropped a Court of Appeal action to block a right to manage application. Residents at No.1 Deansgate, who include footballers Ryan Giggs and Phil Neville, Corrie star Helen Worth and Take That singer Jason Orange – have already spent £30,000 on the RTM marathon.
“Millions have an interest in leasehold living. Most would gain when commonhold or strata title becomes the norm. “This meeting is an important step forward. “In the near future, abuse and misuse and the shortcomings of leasehold can be tackled. “For the future, there should be a timetable to end new residential leaseholds and to […]
By Martin Boyd The contrast between day event for professionals in leasehold and the evening event for ordinary leaseholders could not have been more stark. Paupers and kings might be a good analogy. While the day event saw the most talented in the leasehold world speak on a range of specialist topics, the evening event […]
EDITORIAL Anyone who thought that last week’s annual conference of Leasehold Advisory Service, a quango paid for out of taxpayers’ money, would be a gathering of ordinary leaseholders, swapping ideas and experiences of managing their apartment blocks, would have been sadly deluded. It was, in fact, a very expensive trade show filled with representatives from […]