News
Contact us
You can contact us using our
online enquiry form
or you can speak to one
of our advisers by calling
020 7383 9800
Lines are open Monday to Friday from 9:30am to 5pm
Search
Frequently Asked Questions
- I own a leasehold house. How much will the freehold cost?
- I want to extend my lease. Are there any additional costs payable other than the price of the lease extension?
- How can I buy the freehold of my building?
- How long can I extend my lease for?
- Why do I have to extend my lease?
- I own a leasehold house. How do I buy the freehold?
- What will it cost to apply to the Leasehold Valuation Tribunal (LVT)?
- What happens if we cannot agree on how much the lease extension should cost?
News story
HIPs suspended
The use of HIPs has been suspended by the Government save for the Energy Performance Certificates (EPC) element. Sellers will therefore still be required to commission, but won't need to have received, an EPC before marketing their property. The Government has also laid before Parliament the Energy Performance of Buildings (Certificates and Inspections) (England and Wales) (Amendment) Regulations 2010 which introduce a number of new requirements including:
- a new duty on the seller to secure that an energy performance certificate (EPC) has been commissioned before marketing of the property commences where no such certificate is already available
- an EPC has been commissioned when a Domestic Energy Assessor has been instructed to prepare the EPC and the EPC has either been paid for or has given a clear undertaking to pay for it
- a new duty on the person acting on behalf of the seller to be satisfied that an EPC has been commissioned before commencing marketing
- a new duty on both the seller and a person acting on their behalf to make reasonable efforts to secure an EPC within 28 days
- all of the new duties carry fixed penalties where somebody fails in the duty conferred on them by the new regulations
(News story added: 20 May 2010)
