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RIGHT TO MANAGE – NOTICE OF ACQUISITION ON LANDLORD’S TITLE

Posted on 26/08/2014

Do you manage a site for a RTM Company? If so, have you checked that the acquisition of the right to manage by your client RTM Company has been registered as a Notice against the landlord’s title? As a matter of course this Notice ought to be registered when the acquisition of right to manage […]

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Consumer Protection Guidance for Lettings Industry

Posted on 21/08/2014

New guidance has been published for the lettings industry which aims to assist those professionals engaged in the letting of residential properties in compliance with consumer protection law. This follows on the heels of a report published last February by the Office of Fair Trading on the private rented sector which highlighted several concerns on […]

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PRS – case law update

Posted on 21/08/2014

McDonald v McDonald [2014] EWCA Civ 1049 The facts were that the tenant had a condition which made her particularly distressed by changes to her environment. Her parents had secured a mortgage over the property which the tenant occupied as her home, which she occupied under the terms of an AST granted by her parents […]

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Service Charge and Ground Rent Arrears: Time is of the essence!

Posted on 21/08/2014

Now is the time to instruct your solicitors to maximise your income. We appreciate that the fast turnaround of RMC and freeholder cash flow from service charges and ground rents is crucial to the way in which you are able to supply your services to your RMC and freeholder clients. By now, demands for payments […]

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Rateable Value – how to calculate percentage contributions in accordance with it

Posted on 21/08/2014

A lot of older leases provide for contribution percentages for ground rent or service charge to be calculated in accordance with ‘rateable value’. Sometimes ground rent increases are to be calculated as a percentage of the rateable value of the demised premises. Maybe you have inherited a site with that wording in the leases and […]

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Case law update – Daejan Properties Ltd v Griffin & Anor – historic neglect – recovery of cost of repairs via service charge – tenants liable as unable to show neglect by landlord had increased cost of repairs

Posted on 21/08/2014

In 2014 the FTT looked at historic neglect with regards to repair works and the quantification of the amount – if any – by which a service charge demand should be reduced by reason of a landlord’s neglect. The landlord was required to carry out necessary repair works to a mixed use property at a […]

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Ground Rents- Sound Rents?

Posted on 21/08/2014

Why would any investor or developer want to own ground rents? – seemingly anachronistic low rents – relics of when landed estate owners in earlier centuries leased land at a ‘ground’ rent, rather than at a ‘rack’ or ‘market’ rent, to speculative builders to enable them to develop the land – thus ensuring the landowners […]

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RESI CONFERENCE – CELTIC MANOR, NEWPORT

Posted on 21/08/2014

For the fourth year a team from SLC Solicitors will be attending the RESI Conference at Celtic Manor on 10th, 11th and 12th of September. As one of the sponsors of the event, we have a private meeting room – Raglan Room on Level C2 – where you can drop in and have a chat […]

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Validity of service charge demands (Upper Tribunal (Lands Chamber))

Posted on 26/06/2014

G&O Investments Ltd v Khan [2014] UKUT 96 (LC) (26 February 2014) This case examines the wording of a lease which contained a detailed ‘service’ clause and forgive me for including it in full here. “Any demand for payment notice or other documents required or authorised to be given to the Lessee shall be well […]

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LETTING REDRESS SCHEME

Posted on 26/06/2014

An announcement has been made in Parliament that all residential letting and property management agents will be required to join one of three approved redress schemes later in 2014. Residential letting agents will be required to become a member of one of the following: The Property Ombudsman Ombudsman Services Property The Property Redress Scheme Many […]

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