Course description
Now that new build leasehold houses are essentially a thing of the past, many of us seemed to breathe a sigh of relief. However, the issues caused by section 121 of the Law of Property Act 1925 may actually be far worse and wide reaching. As widely reported in the media, swathes of properties across the UK have rent charges attached to them making some difficult to sell or re-finance.
This live and interactive broadcast session will delve into these issues, providing an invaluable opportunity for your questions to be answered by leading presenter Paul Sams. Topics discussed will include why rent charges are so prevalent on new build property, what section 121 says, lenders' attitudes, and solutions for dealing with rent charges.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
Now that new build leasehold houses are essentially a thing of the past, many of us seemed to breathe a sigh of relief. However, the issues caused by section 121 of the Law of Property Act 1925 may actually be far worse and wide reaching.
As widely reported in the media, swathes of properties across the UK have rent charges attached to them making some difficult to sell or re-finance.
This live broadcast session will delve into these issues, providing the opportunity for questions to be answered.
What You Will Learn
This live and interactive session will cover the following:
- Why are rent charges so prevalent on new build property?
- What does section 121 of the Law of Property Act 1925 say?
- The consequences of rent charges
- Lenders’ attitudes
- Solutions for dealing with rent charges
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...