Residential property that is unmodernised, empty, or problematic.

Unmodernised property are properties that require refurbishment, that have become dated or worn over time or generally in very poor condition. close

When a property has been empty and unoccupied for in excess of 2 years. The longer they are empty the more they deteriorate and require a programme of works and repairs. close

In 1993 the Land Registry went digital and the need for paper copy title and deeds became obsolete. Older version title deeds can still be used until the property is either sold or updated on to the register. In some instances where deeds can no longer be found, one needs to be able to prove ownership to the land registry which can be a tedious process. close

When a property is in such poor condition that it is simply uninhabitable. close

Probate property are properties that form part of a deceased Estate and where the appointed Executor or Administrator’s will require the property to be sold. close

Short leases are formed when the existing long lease has run down to a level under 82 years which requires payment of a marriage value to the Freeholder. It can become expensive to extend a lease depending on the remaining years, amount of ground rent payable and location of the property. Surveyors use a specific formula to calculate the value and therefore the process to extend can be time consuming. close