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To make your home your castle, be sure who owns the drawbridge

The Government has announced plans to tackle unfair leaseholder arrangements on new build properties, but in the meantime, as the Spring housing market gets into full swing, it’s worth understanding the difference between freehold and leasehold property. Increasing property prices and high population densities have seen a big increase in the number of leasehold properties across the country, as houses are split into flats and new apartment blocks are built, so there are now 1.4 million leasehold houses across England. And while leasehold arrangements are generally seen as a simple…

Renting property – Will the slow-down of the housing market have a knock-on effect for landlords and their tenants?

For years, homeowners have come to expect that their property value will increase. But headlines predicting a housing slump are backed by figures that show a sustained slow-down of activity in the housing market and a dip in the rate of growth for house prices too. Could this also have a knock-on effect for rental prices? And what is a ‘fair rent’ for the average property? Is the housing market really slowing down? While the long feared property market crash actually hasn’t happened (and may just be the paranoid reporting…

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