Course description
This live broadcast session covers a wide spectrum of leasehold conveyancing, from the basic principles of (long) leasehold to buying a shared ownership residential flat. It is ideal for those who are new or relatively new to residential leasehold conveyancing through to experienced residential conveyancers who are looking for a refresher and an update in one.
Join popular presenter Stephen Desmond in our virtual classroom as he discusses everything from sales and purchases to problem areas such as service charges, administration charges, consents, reversionary interests and rights of first refusal, and much, much more.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
This live broadcast session covers a wide spectrum of leasehold conveyancing, from the basic principles of (long) leasehold to buying a shared ownership residential flat.
It is ideal for those who are new or relatively new to residential leasehold conveyancing through to experienced residential conveyancers who are looking for a refresher and an update in one.
Not just about sales and purchases, it will cover problem areas such as service charges, administration charges, consents, reversionary interests and rights of first refusal, and much, much more.
What You Will Learn
This live and interactive session will cover the following:
- Basic principles, enforcement and forfeiture
- Enfranchisement - a brief guide through this complex area
- Collective enfranchisement
- Lease extensions - flats - technical requirements, service of the notices, etc
- Leasehold 'houses' - what qualifies as a house
- The price - deferment rate, term, reversion, marriage value
- The right to manage
- Service charges - the landlord's new obligations and the tenant's new 'powers'
- The problems on sales of leasehold property - special conditions
- Purchase and mortgage of leaseholds and complying with the UK Finance Mortgage Lenders' Handbook
- The differences in practice - managing your client's expectations
- New build and converted flats - the basic design/legal structure - different designs create different problems
- Notices, consents, etc
- The rules for SDLT on shared ownership properties
- The future of leaseholds
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...