News on the block - Enfranchisement & Right to Manage Awards 2013 myleasehold nominated for Valuers of the Year 2013
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myleasehold shortlisted for ‘Valuers of the Year 2013′

ERMAs 2013

myleasehold are delighted to announce that we have been shortlisted in the Enfranchisement and Right to Manage Awards 2013, for the category ‘Valuers of the Year’.

This is the 5th year that these prestigious industry awards are running, but our first time entering and being a finalist. We are very proud to be shortlisted amongst our competitors and wish everyone the best of luck on the night.

The award winners will be announced at the ceremony on 6 June 2013.

You can view all the finalists and categories on the ERMAs website.

 

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‘buy now’ feature added to website

We have a very exciting new addition to our site – you can now purchase your Fast Track Valuation Report for a lease extension online in a matter of minutes, via PayPal.

It is the quickest, most cost-effective way of finding out what you should be paying for your lease extension.

Simply fill out the form, process your payment and within two business days you will receive a valuation report along with two valuations: one which can be used as an opening offer in negotiations with your freeholder, and one for what your lease extension is ultimately worth, based on your provided opinion of the property’s “long lease value” (i.e. what the property would sell for on the market if it had a lease of 100+ years unexpired).

Read more about the Fast Track Valuation and what you will receive.

See our pricing and buy your report now.

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Mark Wilson featured in LEASE podcast

Mark Wilson, managing director of myleasehold, was delighted to join Nicholas Kissen of the Leasehold Advisory Service recently in recording a podcast about lease extensions.

The podcast provides some very useful tips for any leaseholder who is considering extending their lease.

Download the podcast (MP3)

More information can be found here.

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How To Extend Your Lease: INFOGRAPHIC

We have developed an infographic depicting the process of a lease extension.

Extending a lease can be an overwhelming topic; with a lot of information to absorb at once. This helpful guide gives a good overview to leaseholders trying to understand the process and timeline of a lease extension.

Click here to view the infographic!

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merry christmas from myleasehold

merry christmas from myleasehold

Merry Christmas and a happy new year from all the team here at myleasehold!

How to value a Residential Lease Extension by Mark Wilson

If you are an avid reader of Estates Gazette, you may have noticed our director Mark Wilson’s face smiling up at you from their ‘How To’ column last weekend. Mark wrote a piece called ‘How To Value a Residential Lease Extension’.

In case you missed it, this is what it looked like:

Estates Gazette 01.12.2012

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myleasehold at the ALEP conference

Evelyn Levisohn from myleasehold joined the bill of prestigious and esteemed speakers at the ALEP Autumn Conference earlier this month.

Evelyn presented a session in the afternoon, along with solicitor Mark Chick of Bishop and Sewell, all about the changing face of the enfranchisement sector, and how businesses are structured in this sector.

The feedback received was extremely positive and we are looking forward to being involved with more conferences and events in the future.

Evelyn at the ALEP conference

Evelyn speaking at the ALEP conference

You can read more about the conference and Evelyn’s presentation at the ALEP website.

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myleasehold at the Landlord and Letting Show

We were delighted to join ALEP, the Association of Leasehold Enfranchisement Practitioners, at the Landlord and Letting Show earlier this week.

It was a great morning of talking to leasehold property owners and other property professionals, helping people to use and understand our Lease Extension Calculator, and answering valuation questions after Alex Greenslade’s seminar.

Hope to see you there next time.

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Movement in the market?

Lately, we have had a lot of enquiries coming in from clients who are either buying or selling leasehold property.

This is a shift from the previous year or so; where market conditions have meant that people are looking to maximise the value of their current assets, either by extending their leases or purchasing a share of the freehold of their properties.

Now it seems that consumers are looking to buy and sell.

BUYERS: If you have come across a leasehold flat for sale, and are wondering what effect the short lease has on your purchase, try our lease extension calculator and give us a call to discuss the benefits and pitfalls of buying a short lease.

SELLERS: If your lease has dropped below 80 years unexpired and you are thinking of selling, get in touch with us today to discuss how you can improve the saleability of your property using leasehold enfranchisement.

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myleasehold running free information sessions for Hampstead leasholders

Chartered Surveyors myleasehold ltd in conjunction with HPLP Solicitors will be running a series of introductory information sessions for Hampstead flat owners in the coming months; a beginner’s guide to preserving the value of your leasehold property.

Shorter leases (with less than 100 years unexpired) are increasingly becoming a concern for home owners. But how aware are leasehold flat owners of their rights? Does the lease extension process seem too overwhelming, complicated, expensive and landlord-friendly?

It needn’t be such a daunting process. HPLP and myleasehold ltd are offering free expert advice from their solicitors and valuers who specialise exclusively in this niche area of property valuation and legislation.

Flat owners will have the chance to hear a simplified and easily digestible explanation of the lease extension process, or the steps to take when purchasing a share of the freehold.

The floor will also be open for people to ask questions and get answers specific to their circumstances. Myleasehold ltd and HPLP are here to help solve problems and reassure people of their rights and ability to maintain their asset’s value.

The sessions will be run in two 45 minute slots on a number of Thursday evenings in the coming months. The full details are below.

Cost: FREE
Place: Hampstead Community Centre 78 Hampstead High Street, London NW3 1RE
Dates: 15th March, 29th March, 19th April, 3rd May
Time: 6:30pm – 7:15pm, 7:30pm – 8:15pm

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