Podcast Location:
Download it here [file size: 20.4 MB]
Categories:
Commercial Property
Residential Property
CPD Points:
Up to 1 point. details »

Due to the difference in guidelines between the SRA and the Bar Standards Board, CPD points are awarded differently for Solicitors, Barristers and Legal Executives:

Regulated by the Solicitors Regulation Authority:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

Regulated by the Bar Standards Board:
Listen and pass the quiz: Gain 1 accredited CPD point (60 minutes)

Regulated by ILEX:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

Cost:
  • FREE
Length:
30 minutes of audio
(+ optional 5 minute online quiz)
Plays on Computer:
Yes Downloadable as MP3:    Yes
Contributor(s):
Course Aims:

In this podcast Daniel Bromilow from 9 Stone Buildings attempts to unravel what is often perceived to be a complex area of the law - the two-stage enfranchisement process. He outlines the distinct rights provided to tenants with flats by the Leasehold Reform, Housing and Urban Development Act 1993, the way in which the two-stage enfranchisement process works in practice, the scope and purpose of minor intermediate leasehold interests and considers some of the issues that landlords should bear in mind during the evidence collecting process.

Outcomes:
After completing the course you will:
  • Understand the way in which the two-stage enfranchisement process works when acting for a landlord and a tenant;
  • Know how to calculate the years purchase (YP) rate;
  • Have considered when and how the collective enfranchisement process takes place;
  • Be aware of the potential difficulties for tenants to the collective enfranchisement process;
  • Have considered the capitalisation approach and the Squarepoint approach concerning the way in which to calculate premium to the intermediate landlord;
  • Know what minor intermediate leasehold interests are;
  • Be aware of when an intermediate leasehold interest will be valued as a minor intermediate leasehold interest;
  • Have considered the types of issues that a landlord should be aware of during the evidence collecting process.
Level:
General Interest Difficulty: 2 of 5
Classification:
Legal Principles
Legislative Updates
Sources and References:
  • Commonhold and Leasehold Reform Act 2002;
  • Leasehold Reform, Housing and Urban Development Act 1993;
  • Leasehold Reform Act 1967;
  • Nailrile Ltd v Earl Cadogan [2009] 2 EGLR 151;
  • Visible Information Packaged Systems Ltd v Squarepoint (London) Ltd [2000] 2 EGLR 93.

In this podcast Daniel Bromilow from 9 Stone Buildings provides a comprehensive outline of the two-stage enfranchisement process.

Date Recorded: 22nd May 2013

NEW! TRANSCRIPT INCLUDED IN ADDITIONAL INFORMATION

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