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Property

Solicitors in London

What Is Equity Release?

News article published on: 22nd May 2019

With Brexit looming, the economy and in particular, the property market is full of uncertainty. Home owners are proceeding with caution. Older home owners are thinking of alternatives to releasing money from the family home. Refinancing through an equity release scheme is proving popular. It allows older home owners to continue living in their home, […]

Dealing with a leasehold trap what can I do?

News article published on: 22nd May 2019

Guy Osborn and Amber Larner-Bird answer questions raised by This is Money’s Will Kirkman who receives regular emails from readers experiencing issues with the leasehold on their property. The Ministry of Housing, Communities and Local Government published a consultation paper, last October, into leasehold reform. In the paper they proposed a total ban on the […]

EMA Decision: Permission Granted to Appeal

News article published on: 2nd April 2019

On the 1st March the EMA was granted permission to appeal on condition that they continue to comply with their lease obligations pending any appeal. The property sector will therefore need to wait to see if the EMA pursue an appeal and if so, whether their efforts will result in the decision of Judge Marcus […]

EMA Decision: Brexit Does Not Frustrate Commercial Property Lease

News article published on: 20th February 2019

The largely anticipated decision in the case of Canary Wharf v The European Medicines Agency has now been given. Judge Marcus Smith ruled in favour of the Canary Wharf Group and said that the EMA would have to honour their 25 year lease even if they are relocating to Amsterdam as a result of the […]

The Importance of Declarations of Trust

News article published on: 5th November 2018

The recent decision in the case of Culliford v Thorpe [2018] EWHC 426 (Ch) serves as a reminder to cohabiting unmarried couples of the importance of agreeing a declaration of trust where their interests in a property are shared. In this case a co-habiting couple, Mr C and Mr T agreed that a property which […]

Court of Appeal Clarifies the Definition of ‘Landlord’ in Victory for Osbornes Law

News article published on: 5th November 2018

It is now not uncommon for home owners to enter into company let agreements with property companies who are authorised under the company let agreement to let to sub-tenants under assured shorthold tenancies. These agreements guarantee the owner a fixed rent each month and avoid many of the responsibilities of being a landlord. Such agreements […]

Osbornes win 5 day trial in property dispute at the County Court at Central London

News article published on: 22nd October 2018

In 1985 clients of Osbornes, Mr and Mrs Ali-Khan, purchased a house. For various reasons they were not able to obtain a big enough mortgage to purchase the property they wanted just on their salaries. They decided to approach Mrs Ali-Khan’s sister to be a party to the mortgage. She agreed and this enabled them […]

Legal Aid Agency Agree to Backdate Legal Aid Certificates

News article published on: 10th October 2018

Following a judicial review the Government has agreed to amend the Civil Legal Aid (Procedure) regulations 2012 to allow for legal aid certificates to be backdated to the date of application. The situation prior to this decision meant that people who required urgent legal assistance were unlawfully being denied access to justice as  lawyers were […]

Cheaper Lease Extensions …Maybe?

News article published on: 10th October 2018

On the 20th September 2018 the Law Commission published the hotly anticipated consultation paper on the proposed reforms to Leasehold home ownership. The paper runs to sum 546 pages however a useful summary has also been prepared that can be accessed here at a much more manageable 26!: https://s3-eu-west-2.amazonaws.com/lawcom-prod-storage-11jsxou24uy7q/uploads/2018/07/Consultation-Paper-Summary.pdf There has been considerable press interest […]

The Frustrating Implications of Brexit!

News article published on: 24th September 2018

Landlords up and down the country are awaiting the outcome of the case between European Medicines Agency (“EMA”) and Canary Wharf Group as to whether Brexit frustrates the EMA’ s 25 year lease. If the court find in the EMA’s favour, it could have huge implications for the economy. A contract may be discharged on […]

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Legal 500

Camden

Livery House, 9 Pratt Street, London NW1 0AE
Tel: 020 7485 8811 Fax: 020 7485 5660
DX Number 57053 Camden Town

Hampstead

28A Hampstead High Street, Hampstead, NW3 1QA
Tel: 020 7485 8811 Fax: 020 7485 5660

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