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Consulting with Ashley Wilson
We appreciate that being an employee or partner is not for everyone; consulting can be a better solution.
Perhaps you wish to earn more, you have years of experience and a loyal following which you wish to continue to service full time or you are looking to taper your time commitment with a view to retirement with support when you need it. We can offer flexible arrangements to suit your requirements.
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This article looks at the status of the reforms announced so far around the sale of houses of a leasehold basis, ground rents in new leases, the fees payable by leaseholders for essential information needed on sale and the potential changes to the premium payable for a lease extension or freehold.
The Leasehold Reform (Ground Rent) Bill received Royal Assent on 8 February 2022. The main elements of it, i.e. the ground rent restrictions themselves, remained to be brought into force by regulations. This has now taken place; The Leasehold Reform (Ground Rent) Act 2022 (The Act) will come into force on 30 June 2022.
The Right to Manage (RTM) was introduced in 2002 giving flat owners the ability collectively TO take over the management functions in respect of their building without having to prove fault on the part of those responsible for management under their lease (usually their landlord) or paying a premium.