Understanding Leasehold IS1

 

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OFT investigation into retirement home transfer fee terms

In September 2009 the OFT announced an investigation into the contract terms signed by owner-occupiers of purpose-built retirement homes. We considered that a number of terms relating to transfer fees – payable when a lease is assigned, sold or disposed of – may be unfair, and hence breach the Unfair Terms in Consumer Contracts Regulations […]

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The affordability of retirement housing

This paper on the deliberations of the APPG on Housing and Care for Older People was largely authored by Claudia Wood on behalf of the APPG, chaired by Lord Richard Best. In undertaking this inquiry, the APPG hoped to address the following questions: • What is the scale of the problem of affordability for retirement […]

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Residential Leases Fees on Transfer of Title Change of Occupancy and Other Events A consultation paper

Some residential leases require the leaseholder to pay a fee when they resell the property, sub-let it, and on certain other events. The fee can be up to 30% of the property’s resale price. The money either goes to the landlord or into a fund for the long-term maintenance of the site. Event fees are […]

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Buying a retirement property FS17

For many people, retirement and sheltered housing allows you to retain the independence of having your own front door whilst having the reassurance of additional services and assistance close by. This factsheet discusses the key things to be aware of when purchasing retirement housing.

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Private Sector Engagement with Extra Care Housing

Case Study 37 examines the approach of one housing developer in seeking to understand the extra care housing market and engage with local authority commissioners.

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Property Law Reform Retirement Housing

An overview of Scottish legislation, i.e. Abolition of the Feudal tenure (Scotland) Act 2000, The Title Conditions (Scotland) Act 2003, & The Tenements (Scotland) Act 2004 effective on 28th November 2004, and how this might affect owners of retirement housing in Scotland

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Commonhold Leasehold Reform Act 2002 The Right To Manage

Explanation of leaseholders right to transfer the landlord’s management functions to a special company set up by them

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