Our expert property solicitors can support you with lease extensions, disputes, service charge reviews, right to manage and enfranchisement.
Entering into a residential lease involves complex legal considerations. We provide comprehensive advice that protects your interests, whether you’re a tenant or a landlord, ensuring your lease agreement is fair, clear, and legally sound.
FAQs
A Residential Lease is a contract between a freeholder and a leaseholder governing the relationship between them.
It contains conditions and rules under which the leaseholder occupies the property, for example, not owning pets or completing alterations without the freeholder’s consent.
Also, the lease document is not necessarily absolute, as regulations implied by law supplement the terms in the lease.
Residential leases are usually granted for 99, 125 or 999 years.
The length of a lease affects the value of a property. The longer the lease, the more valuable the property will be. If a property has less than 80 years left on a lease, you might consider extending it before sale or negotiating the purchase price before you buy.
For more questions on Residential Leases, please contact our solicitors on 020 3007 5500.
Your responsibilities as a leaseholder will be outlined in your lease agreement.
The lease agreement will state the ground rent and service charges you must pay. The agreement will also state your maintenance and repair responsibilities, if you are allowed to sublet, keep pets in the property, make alterations and more.
It is very important to seek advice from a property solicitor who will help you to understand your rights and obligations before you sign.
Depending on your situation there are multiple ways of finding out who your freeholder is.
Your lease is a legal contract between you and your landlord. If you breach the terms, the landlord may take legal action against you.
If the court decides that you breached the lease, it could order you to pay damages, legal costs and ask you to put right any breach if it is possible
The landlord may also try to evict you, which is called forfeiture.
If your landlord takes action against you for breach of the lease, you should get legal advice or a solicitor as soon as possible.
Call, email or provide us with a few details of your matter, and we’ll help you arrange an initial consultation. You’ll get:
No fee surprises. Ever. Our solicitors in London and Brighton will inform you from the outset how much your case will cost and we will do everything in our power to keep costs down and within your original fee estimate.
You are our priority and law is our speciality. Our award-winning solicitors in London and Brighton ensure you know exactly where you stand from a legal perspective so you can make a well-informed decision.
With fortnightly updates on your case, you’ll never be left in the dark. Our solicitors in London and Brighton ensure you know exactly how your case is progressing and are with you every step of the way.
With 801,000 new businesses launching in the UK between 2022-23, setting up for success is more important than…
Previously, you had to cite one of five grounds to file for a divorce. Unreasonable behaviour was one of these grounds. In this article,…
In the dynamic world of startup financing, venture capital (VC) stands out as a powerful catalyst for growth and innovation. With some of the most…
The Companies Act 2006 forms the backbone of company law in the UK. It outlines how to create, manage, and dissolve businesses, making it essential…
Homeowners have felt the sting of rising living costs, skyrocketing mortgage rates, and, more recently, ‘fleecehold’ property management fees. With these fees often charged to…
On 30 October 2024, Chancellor of the Exchequer Rachel Reeves published the first Labour party budget in 14 years. This budget will create important changes…
As a construction professional, you’ve likely faced the frustrating situation of a customer not paying their invoice. This common issue can severely impact your cash…
As a legal professional specialising in construction work, I hear all kinds of stories and resolve disputes ranging from unpaid bills to negligence. Through these…
Police data shows that in 2022/23 there was a 25% increase in indecent image offences. Alongside this, we’ve also seen a rise in public awareness…
As a contractor, you know that construction projects are no walk in the park. Every step can be a minefield of potential issues, from coordinating…
What we do
Our untimed initial consultations provide you with as long as you need to speak to a specialist solicitor about your matter.
