This presentation will focus on two pressing problems facing residential conveyancers when acting on leasehold transactions.
Building Safety Act Certificates
This webinar will consider a key element of the Building Safety Act 2022, namely certificates provided by the landlord and leaseholder pursuant to the Act. This issue is causing alarm for residential property lawyers following recent updates to some lenders’ Part 2 requirements.
This presentation will cover the following:
- Examples of leaseholder protections introduced by the 2022 Act
- The purpose of leaseholder deeds of certificate
- The function of landlord certificates and when they must be provided
- What evidence is required to support the certificate?
- Consequence of failure to provide a certificate
- Some tricky Part 2 requirements
Onerous Ground Rents
The ‘ground rent scandal’, in part, prompted the Competition and Markets Authority to take enforcement action against four leading developers for alleged unfair practices in relation to onerous ground rents.
Also, high levels of ground rent can affect the marketability of flats and deter lenders from providing mortgage finance to prospective buyers.
This webinar will cover the following:
- Is the lease an assured tenancy?
- Possession claims versus forfeiture
- Ground 8 possession claims for rent arrears
- Deeds of variation: are RPI increases always acceptable?
- Some tricky Part 2 lender requirements