You might experience a range of different disputes with the landlord or freeholder – or you might not even know who the freeholder is at all. Problems can also arise when there is uncertainty over how much ground rent is owed, or when attempting to sell or remortgage a leasehold property with a short amount of time remaining on the lease.
To speak to our leasehold property solicitors about any of these problems or any other questions or concerns you might have about legal issues relating to leasehold residential properties, fill in the enquiry form on this page or call our residential property solicitors in Sheffield, Leeds and York on 0333 323 5292.
Leasehold Property Explained
When you buy a leasehold property, you own the building but not the land it is built on – that is owned by the freeholder and leased to you for a specified period of time, usually for a small amount of ground rent.
In the case of leasehold houses, this can be a very long lease, sometimes up to 999 years, and the ground rent is often a token amount or may not have increased in a century or more.
More recently, modern flats and apartments are often sold as leasehold properties, with ground rent to cover the upkeep of the communal areas. These leases may be more like 99 years long and the ground rent higher to account for real-world maintenance costs.
Contact Us Today
To contact our leasehold property solicitors in York, Leeds and Sheffield just fill in the form on this page or give us a call for an immediate response. We welcome all enquiries, even if you’re not sure you need a residential property solicitor for the particular problem you’re facing.
Lupton Fawcett Leads the Way with Leasehold Homeowner Support
Lupton Fawcett, Leeds, Sheffield and York-based law firm, has welcomed moves by the Government to reconsider the selling of leaseholds on new build homes, a practice that is seeing thousands of homeowners burdened with ever-increasing ground rents.
By Lupton Fawcett