Leasehold is Changing – Is this Reflected in your Report on Title?

Leasehold reform is on the way. Many lenders have already been proactive in making changes for some months now to their P2 Handbook requirements.

Is it now time to be making changes to your Report on Title in light of new lender instructions and in anticipation of legislative reform?

On the 25th and 26th September Lexsure will be running a number of free 30-minute webinars focused on what a firm’s leasehold Report on Title might contain and how the latest e-ROT technologies can improve the process of generating a Report on Title.

The free webinar will pay particular attention on the following areas:

• New considerations concerning the number of years of the lease
• Fees changed for by a management company or landlord
• Ground Rent provisions
• Assignment provisions – what might affect marketability

Bookings can be made here.

Kindly shared by Simon Seaton, non-practicing Solicitor