The Association of Leasehold Enfranchisement Practitioners (ALEP) has released details of its upcoming Spring Lecture.
The online event to be held on 3rd and 4th March 2021 will focus on the key issues around cladding and building safety and its relevance for enfranchisement professionals. The Lecture will look at both the technical aspects underlying the cladding issue and also consider from a legal and valuation point of view its impact when buying the freehold.
ALEP Director, Mark Chick, explains: “The tragic events at the Grenfell Tower in June 2017 put the question of building safety and cladding right at the top of the leasehold agenda.
“The issue of cladding and enfranchisement affects both leaseholders and freeholders – this is why ALEP wanted to highlight the topic. Indeed, leaseholders affected by this issue are experiencing "unimaginable anxiety" over the uncertainty as to who will pay for the necessary remedial works. Freeholders also face uncertainly over liabilities and service charge budgets.”
ALEP’s Spring Lecture will also look at the ‘EWS1 form’ which has dominated the conveyancing world. Many flat owners are unable to sell or remortgage until any uncertainty concerning the exact type of cladding at their block has been resolved.
Mark concluded: “Feedback from our members confirms that there are many blocks that wish to address the question of whether to buy their freehold in such a situation; either by collective enfranchisement, or by responding to a section 5 notice. This may either be as a response to the issues of repair and service charges that cladding raises, or for other reasons such as lease terms and ground rent.
“Whilst we cannot seek to answer all the questions that this highly emotive topic presents, the Lecture will provide an overview and discussion for practitioners facing these issues in their day-to-day practice.”
Interested? Find out more...
The ALEP Spring Lecture is aimed at legal and valuation professionals working in the enfranchisement sector and is also open to members and non-members.
Taking place over two 90-minute sessions over the course of two days, ALEP’s Spring Lecture will deliver practical insights and offer delegates the opportunity for discussion.
A full agenda with details on speakers and pricing will be released via the ALEP website. Please visit https://www.alep.org.uk/events for more information.
To register interest in ALEP’s Spring 2021 Lecture please email firstname.lastname@example.org