It is with profound sadness that we announce the passing of our dear colleague and friend, Shamin Kashem, who died unexpectedly on 24 January 2023.
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On 8th February 2022 the Leasehold Reform (Ground Rent) Act 2022 (‘the Ground Rent Act’) received Royal Assent. It will come into force on 30th June 2022 and will restrict ground rents in applicable leases to a “peppercorn” (or NIL) ground rent. The Ground Rent Act has major implications for both Landlords and Tenants who are negotiating terms to “voluntary” leases.
Read MoreWe are delighted to announce that two of our partners have been ranked in the Chambers & Partners 2021 Directory, in the highly competitive London area.
Read MoreThe Legal 500 United Kingdom 2021 directory has been published and Wallace continues its success being ranked in eight practice areas, across the directory, for the London area.
Read MoreThe Law Commission has published its long awaited recommendations for reform of the leasehold sector, to include changes to Leasehold Enfranchisement, the Right to Manage and Commonhold. Their report is over 850 pages in length and supplements the report earlier this year with proposals for reforming how the premium (or price) is calculated for any enfranchisement claim.
Read MoreWith lockdown measures gradually easing after 12 weeks and an uncertain property market caused by covid19, now is a good time for landlords and tenants to receive professional guidance on lease extension or freehold claims under the Leasehold Reform Housing and Urban Development Act 1993.
Read More‘Lockdown’ measures introduced by the government in response to the COVID-19 pandemic have impacted the enfranchisement sector in a number of ways. Tenants and landlords should obtain advice on their options and the action required because statutory rights and timetables in enfranchisement continue to apply.
Read MoreThe Legal 500 United Kingdom 2020 directory has been published and we are delighted that Wallace is recommended in a record number of ten practice areas in the directory, for the London area.
Read MoreSamantha Bone has been named as a ‘Woman of Influence’ by News on the Block.
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