Course description
A shared ownership lease has been described as ‘the fourth tenure’ due to its complicated and hybrid nature. Moreover, the key provisions which distinguish such leases from other residential leases are complex and they can also differ according to the year in which the lease was granted.
Presented by Stephen Desmond, this webinar focuses mainly on flat leases and will cover a number of key issues.
Topics to be covered include matters to consider when acting for a mortgage lender, how leasehold reform will affect shared ownership leases, recent changes to Homes England’s model leases, and more.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
A shared ownership lease has been described as ‘the fourth tenure’ due to its complicated and hybrid nature. Moreover, the key provisions which distinguish such leases from other residential leases are complex and they can also differ according to the year in which the lease was granted.
This webinar focuses mainly on flat leases and will cover a number of key issues.
What You Will Learn
This webinar will cover the following:
- The interrelationship between the pre-emption right and restrictions on assignment
- Consequences of final staircasing
- Matters to consider when acting for a mortgage lender
- Section 106 (affordable housing) obligations
- Pitfalls arising from complicated hierarchy of titles
- Subletting without landlord consent prior to final staircasing
- How leasehold reform will affect shared ownership leases
- Recent changes to Homes England’s model leases
Expenses
MBL Seminars Limited
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