4.1 million people in the UK own a home with a lease and today, plans have been announced for Bristol’s first ever ‘Leasehold Roadshow’ – a free event to give leaseholders support and advice.
Leaseholders pay on average £1800 pounds a year in service charge to a Management Company who in turn are responsible for services including arranging building insurance, repairs to the building, accountancy and health & safety.
In recent months, issues around leasehold property have hit the national headlines because owners do not always fully understand their responsibilities when it comes to a lease.
Andrew and Ian Simmonds – the managing and operation directors respectively from Bristol based BNS Property Management, wanted to do something about this.
“To help dispel the myths around leaseholds, this June we’ve organised the ‘Leasehold Roadshow’, a free event for both homeowners and landlords.” says Andrew.
Experts exhibiting on the day include solicitors, insurance professionals, health & safety experts, the fire service and energy suppliers. As well as being on hand to give advice, they will also be giving talks every hour followed by a question and answer session.
Ian told us: “One of the highlights will be the talk from Avon Fire and Rescue about fire safety in blocks of flats. Since Christmas at least five fires have broken out in flats in Bristol which shows there’s no room for complacency.”
“Another common issue is the under insurance of buildings. A recent report found that 9 out of 10 leasehold properties across the UK are only insured for half the re-build value leaving property owners extremely vulnerable.” The free drop in event takes place in The Bristol Pavilion on 1st June 2017 at Gloucestershire Cricket’s Ground on Nevil Road from 12.30pm until 8.30pm. It really is an event you can’t afford to miss.
To find out more about the Leasehold Roadshow visit theleaseholdroadshow.co.uk