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Ref: A3709, 732/129/20 DEVELOPMENT ACT 1993 Principal OfficeNOTICE OF APPLICATION FOR CATEGORY 3 DEVELOPMENT PURSUANT TO SECTION 38(5) OF THE DEVELOPMENT ACT 1993 Notice is hereby given that an application
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How to fill out leasehold reform housing and

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How to fill out leasehold reform housing and

01
Understand the terms of your lease including lease length, ground rent, and potential lease extension rights.
02
Decide if you want to buy the freehold of your property or extend the lease term.
03
Assess the costs involved including legal fees, valuation fees, and any premium payable to the landlord.
04
Serve the required notice to the landlord stating your intention to either buy the freehold or extend the lease.
05
Negotiate with the landlord or their representatives to reach a fair agreement on the terms of the purchase or lease extension.
06
Complete the necessary legal paperwork and payments to finalize the leasehold reform process.

Who needs leasehold reform housing and?

01
Homeowners who are currently on a leasehold agreement.
02
Homeowners who are experiencing issues with high ground rent or short lease lengths.
03
Homeowners who wish to have more control over their property and avoid potential lease extension costs in the future.
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Leasehold reform housing is a policy aimed at giving leaseholders more control over the terms of their lease, including the ability to extend it or buy the freehold.
Leaseholders who wish to make changes to their lease terms or purchase the freehold are required to file leasehold reform housing.
Leaseholders can fill out leasehold reform housing forms provided by the relevant housing authority or seek the assistance of a property solicitor.
The purpose of leasehold reform housing is to empower leaseholders and provide them with more control over their property.
Leaseholders are required to report details of their lease, the changes they wish to make, and their contact information.
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