Tag: leasehold.
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Leasehold conveyancing – When are service charge costs incurred?
Earlier this month Court of Appeal handed down its judgment in OM Property Management Limited v Burr ([2013] EWCA Civ 479) on an appeal from a decision of the Upper Tribunal (Lands Chamber) dated 26th January 2012. At the heart of the appeal was the consideration as at what point in time service charge costs…
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Will leasehold conveyancing be impacted by the Peverel collapse ?
The holding companies behind Britain’s biggest property manager – which maintains 190,000 homes, including most McCarthy & Stone retirement properties could impact conveyancing for the following reasons: 1) If redundancies are to be made, obtaining management information could become very difficult. In recent years it can take weeks to obtain crucial management information from Peverel.…