Extending Leasehold on Long Lease Houses

Long Leaseholds are a common part of luxury property purchases in London. Some flats are Share of Freehold but most are sold off on Long Leaseholds. Even some terraced houses are Leasehold properties if they fall into one of the larger estates that own most of Mayfair, Chelsea, Kensington and the surrounding areas. As discussed […]

Mews House Offer A Popular Option In Prime Central London

More and more, buyers from both the UK and abroad are finding the value of purchasing Mews houses. These colourful houses are the former stables and carriage houses set behind the larger houses of Prime Central London. As a result, the buildings are smaller than the main street mansion houses and set on quieter, often […]

What do Long Leaseholds mean for purchasers?

Of all the intricacies of the London property market, the long leasehold may be the most unusual. Even some areas in the UK don’t feature this anymore, much less in other countries. Long leases started in the Victorian era when wealthy land owners started to divide their land up to farmers for cultivation. Not wanting […]

Commercial Investors Look For Safe Bets At Auction

Recent auctions have shown the high demand for safe investments in the commercial property market. At last week’s Allsop auction, Enterprise Inns’s properties sold quickly and much higher than expected. Of the nine public houses Enterprise sold last week, only two were sold within the guide price. The other seven were sold over what auctioneers […]

Investors Approach Liberty Department Store

  It was said last week that Liberty department store has received approaches that could lead to a takeover of the company. In a statement, Liberty spokesman said that the company has been assessing a number of options which potentially will enable them to build upon the success since their launch in 2009, but it […]