Were you one of the thousands of leaseholders who had their ground rents double (and more)? The government has confirmed that The Competition and Markets Authority (CMA) has secured undertakings from 9 companies that bought freeholds from leading housing developer Taylor Wimpey. A further 4 national developers – Crest Nicholson, Redrow, Miller Homes and Vistry …
How important is it that you keep your landlord (and managing agent) up to date with your own address rather than that of the property that you own? The answer is: REALLY important. Recent caselaw has shown that if you do not supply this address, to which notices are to be served, then you run …
We’ve taken a few calls recently from existing long leaseholders who believe that they are being incorrectly charged for Ground Rent. However, whilst the law has changed, and ground rents will in future not be able to be demanded, this only relates to new long leasehold interests and is not retrospective. The new law started …
Michael Parkes Surveyors acts on behalf of individuals, trusts, pension funds and corporate occupiers and investors. We have a diverse portfolio including residential and commercial properties throughout Kent and South East London. Our services are based on the RICS code of practice; Service Charges in Commercial Property. We are flexible in our services, if you …
Did you know that we also rent residential property? We’re in need of new properties to let out, so if you have a house or flat to let, give us a call – full management or let only service. Tel: 01634 294994 Email us!
Leaseholders dissatisfied with the management of their block or development will often turn to their rights under the Commonhold and Leasehold Reform Act 2002 to exercise the right to manage, or where appropriate to a collective enfranchisement under the Leasehold Reform, Housing and Urban Development Act 1993 to buy their freehold. There are very strict …
As a mark of respect, Michael Parkes Surveyors Limited will be observing the National Bank Holiday to allow staff to watch the funeral of Her Majesty Queen Elizabeth II. The office will therefore be closed until 20th September 2022.
Is your property managed? Did you know you have the right to see invoices?
What is the Right to Manage? If you own a leasehold flat, The Commonhold & Leasehold Reform Act 2002 permits you the right to run your own management via Right to Manage (RTM). You will often see the companies set up to do this called Residents Management Companies or RMC’s. You do not need the …
Are you a residential landlord with an agent who isn’t prepared for the new changes to the Smoke and Carbon Monoxide Alarm (England) Regulations? Fines can be enforced by Local Authorities on Landlords who do not comply. Property Notify helpfully list and easy to understand guide here https://www.propertynotify.co.uk/news/featured/clock-is-ticking-on-introduction-of-new-smoke-alarm-carbon-monoxide-safety-regulations/ If you feel that your Residential agent …
New Smoke and Carbon Monoxide Alarm regulations – are you ready? Read More »
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