Landlord and Tenant Act 1987

Product Information

Furthermore, the definition of qualifying tenant includes a tenant who has exchanged an agreement for lease, even if the lease has not yet been granted.

The report we received was really thorough, easy to read and included a lot of helpful comments on things to check with our solicitor. If the requisite majority of qualifying tenants accept the offer, the landlord can only make the disposal to a purchaser nominated by the qualifying tenants. He was very patient when I was unclear about something, his communications were always very speedy and easy to understand, and the agreements were rapped up very promptly.

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Where the building has been wholly or partially constructed, it should still be possible to dispose of the building where less than 50% of the flats have been sold, although it is unclear whether the calculation should be done on the basis of the building so far constructed or on the basis of the intended finished product. When considering the qualifying criteria, there are several issues that are of particular relevance for mixed use premises. A cookie set by YouTube to measure bandwidth that determines whether the user gets the new or old player interface.Administrator Joanne was super quick to get me into their system and assigned Surveyor, David Breeze to the property I'm purchasing. An Act to confer on tenants of flats rights with respect to the acquisition by them of their landlord's reversion; to make provision for the appointment of a manager at the instance of such tenants and for the variation of long leases held by such tenants; to make further provision with respect to service charges payable by tenants of flats and other dwellings; to make other provision with respect to such tenants; to make further provision with respect to the permissible purposes and objects of registered housing associations as regards the management of leasehold property; and for connected purposes.

A wide range of disposals are caught, including, for example, the grant of an option, or the disposal of some airspace next to the building. So they needed a little help from us chasing up the owner otherwise we would have missed the legal timeframe for getting a response. The 1987 Act provides a wide definition of "qualifying tenants" which includes any tenant of a flat under a tenancy, save for some specific exceptions including business tenancies and ASTs.

The definition of a “qualifying tenant” is a tenant of a flat under a tenancy except for a list of excluded tenancies such as an assured shorthold tenancy. I can definitely recommend Peter Barry - in our experience they have proved to be very professional, responsive and on point! There is also a delay of two months; a prospective purchaser may not be willing to wait for that time. You have to give at least six months’ notice before the end of your lease if you want to renew it, and your landlord has to give at least 12 months’ notice if they want to end it. In our 2023 Yule Blog, we summarised the developments in the pipeline for tenants in 2024, including the Leasehold and Freehold Reform Bill.