This month our contributors have focussed on legal updates including Leasehold Reform and the Building Safety Act.

In the News!

  • Following the merger of ARMA and IRPM back in March 2022, The Property Institute have launched their new brand identity.
  • The Association of British Insurers (ABI) has today announced a risk-pooling Fire Safety Reinsurance Facility, with cover starting from 1st April 2024.
  • Spike strengthens its Presence in the Property Management Sector by Being Awarded The Property Institute (TPI) Partner Status.
  • In the ever-evolving landscape of property ownership, leaseholders find themselves caught in a whirlwind of conflicting information, exacerbated by the fallout from the Secretary of State for Levelling Up, Housing and Communities, Michael Gove.
  • Principle resolves unsafe communal windows at Black Country apartment block.

Featured Articles

COMING SOON! Flat Living Lifestyle – Whether you’re an industry professional or someone seeking a vibrant urban lifestyle, we’ve got you covered. From innovative design concepts to inspiring interior ideas, we’re here to redefine the way you perceive apartment living.

Jodie Fraser, CEO and founder of Fraser Allen Estate Management has been appointed as Chair of Trustees of the Hollie Gazzard Trust. Businesswoman Jodie has been a supporter of the trust and its founder Nick Gazzard for several years and was an early business adopter of the Hollie Guard app designed to protect people from harm. For her this latest appointment is a natural progression.

Read about Specialist property solicitors JB Leitch, who have successfully defended an application made in the First-tier Tribunal by leaseholders for determination as to the reasonableness of service charges.

The team at Ardent Lift Consultancy provide insights into the legal perspective of refurbishment of lifts within ‘high risk’ buildings.

Following the introduction of the Building Safety Act in April 2022, managers of high-rise residential buildings should be aware of their legal obligations in maintaining safety standards. The team at 4Site Consulting provide more information on this topic.

Last month, the Sunday Times ran a headline claiming that Gove’s plans for Leasehold reform were facing the axe: Leasehold dream over as Gove plan quietly crumbles and there has been further comment since. Mark Chick, Bishop & Sewell’s Senior Partner, considers the details behind the headlines – and what might be next.

Belinda Bagnall, Managing Director of Residentsline Flats Insurance, provides clarity on the new FCA guidelines around policy statement and rules and what insurance documents need to be disclosed.

The team at Flat Living Insurance discuss leasehold reform and changes to ground rent, what it means for prospective leaseholders, and why current leaseholders can hold out hope.

Learn more about the outlining the changes that have been made in the leasehold sector from 2017 to now, with a short and sweet explanation of each alteration to bring you up to date, brought to you by London Flats Insurance.

The Leasehold and Freehold Reform Bill promises to make things easier, cheaper, and fairer for millions of UK leaseholders. The team at Manage Your Block explore these changes in particular and detailing what the changes mean for current leaseholders.

In their article on Leasehold Reform and Valuation Methods, the team at Block in a Box look in more detail at the Standard Valuation Method and the regulation of market rates in lease extension calculations.

Katrina Jones from Residentsline, investigates the importance of Directors’ and Officers’ Liability Insurance for your Residents’ Management Company and outlines possible claim examples.

Read all of these articles and more, in the April edition of Flat Living Magazine.