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Property CommunityUK real estate popular with Asian investorsProperty CommunityWhile different investors seem to be taking a different opinion on Brexit and the fall in the UK currency, Asian investors still have an appetite UK property. A report by JLL confirmed that Asian investors accounted for 28% of UK property transactions ...
The GuardianWeak pound melts the British dream of a place in the sunThe GuardianUncertainty about the future of Britain in Europe and the fall in the value of the pound are taking their toll on the number of UK buyers investing in a little place in the Mediterranean sun. A report ... But the Brits are staying away from other types ...
Lexology (registration)Another Hoop for Irish Companies Owning UK Property?Lexology (registration)Overseas entities such as Irish companies buying UK property face the complete reversal of any transaction if they cannot prove compliance at the time they register the land transfer or lease with the Land Registry. The proposed register would be the ...
The Bridgend & Porthcawl GEMProperty firms in Wales must adopt new technologies, says RICSThe Bridgend & Porthcawl GEMDespite investments and advancements in technology, the RICS (Royal Institution of Chartered Surveyors) says the property sector and wider construction industry in Wales is still slow to uptake such innovations which could create taller buildings ...and more »
Glamorgan GemProperty firms in Wales must adopt new technologies, says RICSGlamorgan GemDespite investments and advancements in technology, the RICS (Royal Institution of Chartered Surveyors) says the property sector and wider construction industry in Wales is still slow to uptake such innovations which could create taller buildings ...and more »
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Godfery3q

 

I am a joint freeholder in a house which consists of two purpose built maisonettes.

I live in the ground floor property and the other freeholder lives above me. The Freeholder upstairs wants to undertake a loft conversion. I have several questions I was hoping you might be able to help me with? How does the loft conversion affect the terms of our lease which was originally written for one Freeholder who sold the lease to us, making us joint Freeholders? Presumably now we are both joint freeholders the lease is now not up to date and definately won't be if the surface area of flat above me is increased. Should the lease be re-written and at whose cost? I know the roof is old and needs replacing. We would need to share that cost presumably. Where would I stand with that as wish to only pay for the roof and not for other modifications necessary for the loft conversion? How do I protect my property from the builders hired for the job? This is the part that terrifies me as the property is old (1910-1912) and already proving to be rather fragile. We have had many leaks. Also I have just spent a huge amount of money updating the flat and garden IF you could help me with this looming decision I would be very grateful. thanks Molly
Bear with us - we'll get Martin Roberts our expert to get back to you
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