Firstly you need to know:

Who can extend?

You can apply to extend your lease only if you are what is known as a Qualifying Tenant” under the 1993 Act. You are a Qualifying Tenant if:

1. You are the tenant of a residential flat.

2. You are not a business tenant.

3. The original term of your lease was longer than 21 years or contains an explicit right for perpetual renewal; and

4. You have been the owner of the lease for at least two years.

You have the right to claim a lease extension from your landlord if:

1. Your immediate landlord is the freeholder of the property if your immediate landlord is a leaseholder the question of an extension will depend on the length of the term your landlord has left on his lease; and

2. Your landlord is not a charitable housing trust.

NOTE: There are other leases which may qualify for renewal. If you are unclear please seek professional legal advice.

After meeting the qualification guidlines the next big question is:

What will it cost?

You will need to pay a premium for the lease extension. The price is the cumulative total of the following:

1. The diminution of the value of the landlords interest in the flat.

2. 50 of the marriage value of the existing lease term and the additional 90 year lease; and

3. The compensation for loss in clause of other property owned by the landlord.

The date on which the tenant applies for a lease extension will be the date of valuation.

In addition to paying you own legal fees you will also be required to pay the landlords legal fees and the costs of the valuation.

Some other very popular questions that have been asked on lease hold are:

What happens if I want to buy a leasehold flat and I want to extend the lease?

As you need to have owned the lease for at least two years you will not be able to extend the lease after you have acquired it. Therefore it is common practice for the seller of the leasehold to make an application to extend the lease and then assign the benefit of the application to you as purchaser.

What lease will I be granted?

You have the right to be granted a lease of 90 years plus the present unexpired term from the expiry date of your current lease. The rent will be a peppercorn i.e. rent free. The lease will be broadly on the same terms as your existing lease but may be subject to amendment depending on any modifications exclusions and/or additions to the demised premises.

It is worth noting that the landlord will retain a redevelopment right at the end of the existing term of the lease. The landlord will have to pay the full value of the remaining 90 year lease to you and the termination is subject to a court application by the landlord.

What is the procedure?

As a Qualifying Tenant your solicitors will serve a preliminary notice to obtain information from your landlord. Your solicitors will then serve the notice of claim which will state:

1. Details of the property.

2. Details of the lease showing that you are a Qualifying Tenant;

3. Details of the premium offered; and

4. A date for the landlords counternotice.

The landlord should then respond and will probably require payment of a deposit equal to 10 of the premium offered.

The landlord will value the premises and serve a counternotice which will state whether they object to the claim.

If the parties cannot come to an agreement they can apply for the Leasehold Valuation Tribunal to determine the claim.

This article is free to republish provided the authors resource box below remains intact.

About the writer:  Robert Johnson is part of Healys who specialise as a London Coveyancing Solicitor and who also aids the Brighton Conveyancing Solicitor office.

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Review of The Italy Real Estate Market

Whether you are an Avid Real Estate Investor looking to diversify your assets or a retiree looking for your summer dream home the Italian Real Estate source came in existence to help you do just that. When trying to purchase International Real Estate on your own there’s a good chance you can hit some land mines. There are lots of predators out there looking to prey on wealthy investors. Going with an established company from the start can save you a great deal of time and money. So whatever you do make sure you do your proper research before you make any sudden moves or it could be a very costly mistake.

If you are in a predicament where you want to belabor relocating to Italy you’ll understand that there are a myriad of different services that can guide you when you are looking for Real Estate In Italy and you’ll understand that the Italian Real Estate Source is one of the most advantageous services for you to take a glance at. When you want to Buy Real Estate In Italy make absolutely certain that you are not going to be cheated and when you are looking forward to acquiring a spectacular piece of real estate in a different domicile you may understand that this is the noteworthy option for you. This program can guide you whether you’re looking for an Italian Property in a big city or just looking for Real Estate In Little Towns In Italy.

Assistance With Real Estate Purchases In Italy

As Technology Advances so does Real Estate Technology. Nowdays you can have just about any Licensed Real Estate Agent in most countries show you either a nice portfolio of pictures for an Overseas Home or even a Video Displaying every single corner of it so you can get a feel for what it would be like to walk through it. They display Hallways Bathrooms Dining Rooms Kitchens Backyards Views and the works. If you can’t get it in video pictures are still okay. But the point is doing it this way can save you thousands of dollars. Save your travel money when you’ve found the actual home you want to live in.

When you are looking to buy Real Estate In Florence Italy Real Estate In Latina Italy or Real Estate In Northern Italy you will soon understand that there are a myriad of individuals who are looking to take advantage of you and your assets ranging from Real Estate Agents who are looking to guide you with passports and immigration to individuals who want to help you figure out what you are doing when it comes to looking for the right piece of property for you. When you want to make absolutely certain that you acquire a luxurious piece of real estate and not break the lending institution in the process you’ll understand that the Italian Real Estate Source can guide you.

With this great service in mind and the awesome credibility of the company running it you’ll understand that you can find the appropriate piece of real estate for you. You won’t have to worry about not locating your Lake Como Italy Real Estate dream piece of real estate the appropriate living predicament for yourself and your family as well as being involved with any Murphy’s Law Scenarios that may conditionally arise such as you potentially breaking some global laws that you are not familiar with.

Some people who are less cautious might see their investment withering in front of their eyes and you’ll find that when you are looking to make sure that the home that you purchase in Italy matches your ideals and your hopes that you need to be careful! You’ll soon see that taking a look at the Italian Real Estate Source can help you make a final decision that will eventually put you in the house of your dreams after some research.

About the writer:  Freelance writer parttime photographer and editor.

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It is just a little bit ironic that landscaping the practice of caring for and arranging the earth and growing things in a certain area can potentially be one of the worst things for adding toxic pollution to the ground. With the abundance of chemical fertilizers herbicides pesticides and similar products that are being spread on lawns parks and gardens around the country it’s almost enough to have them designated as toxic waste dumping sites. Further water use in the average city can rise as much as 50 percent when people start watering their lawns and gardens in the summer making resource use another negative environmental impact of landscaping. Fortunately this isn’t necessary and there are a lot of ways to garden and landscape safely in ways that will promote health instead of increasing the chances of illness.

Using native plants for landscaping can dramatically reduce the amount of water and poisons used in your yard. Native plants are those that would naturally grow wild in the area. In recent years their popularity in waterwise gardens has been increasing. Many commercial greenhouses now sell a wide variety of regional species as an option for gardeners and landscapers. Because these species grow wild here they are acclimatized to the natural weather cycle and therefore rarely need more water than natural rainfall will provide. Growing native plants save you money and maintenance timethink lower water bills and no lawnmowing.

A yard full of native plants will also require no herbicides or pesticides as they are naturally able to thrive in the area. Another irony of landscaping is the chain of impact that these poisons can have upon an ecosystem. Most bugs have a predator bug but pesticides kill them all. Take the example of aphids and ladybugs. Aphids are a sapsucking little bug that will congregate on plants literally sucking the life out of them. Ladybugs love to eat aphids but you won’t find ladybugs in pesticidetreated gardens so they will never have a chance to do their job. Further aphids tend to prey on the weakest plants so nonnative species that are struggling to survive are likely to be struck the hardest. By foregoing the pesticides and growing local plant varieties you may find that nature strikes a balance and the ladybugs keep the aphids in check. If not you can buy ladybugs at many garden centers and release them into your yard. As ladybugs are a harmless species local to just about everywhere this is a win/win situation.

Reducing or eliminating the poisons will attract wildlife such as birds bugs and butterflies. In the example above you can see how attracting bugs isn’t always a bad thing. In a healthy garden the “good” and “bad” bugs should strike a healthy balance making intervention rarely necessary. If you do notice a pest problem hurting a specific plant or variety of plants consider removing it/them and replacing it with something healthier instead of spraying the bug.

Many green gardening enthusiasts also recommend using a slow release fertilizer. This avoids quick growth spurts that will require more maintenance. Instead of choosing manmade chemical fertilizers choose one of the natural fertilizers. While spreading manure in your yard may seem unappealing the aged manure sold in stores is far more dirtlike than what we might imagine manure as being. There are also liquid fertilizers made of worm “castings” that are quite potent. Finally consider starting your own compost. Compost containers available from gardening stores and even some municipalities are designed to increase decomposition which means you will get a nutrient rich soil from your kitchen scraps within the year. Use this soil in your garden and the earth plants bugs bees birds et. al. will thank you.

About the writer:   Branden Schroeder is Maryland’s first “EcoBroker” designated real estate agent. To search for Severna Park real estate or for more information on Maryland Real Estate and Property visit Branden online at MarylandHomesAndProperty.com.

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Investment property in Slovakia is becoming very popular with well informed property investors as it offers excellent returns coupled with low risk.

Not only is Slovakia investment property giving great returns this trend looks set to continue for many years to come.

Here we will look at why you should consider investing in property in Slovakia.

These include:

1. EU Membership

Membership of the EU which was granted in 2004 makes Slovakia more attractive for all forms of investments and ensures a level of political and economic stability that inspires confidence in foreign investors.

From the point of view of investing in Slovakian property it guarantees EU legal rights to all investors.

There are no restrictions on buying property in Slovakia for EU citizens when purchasing commercial and residential property.

This is not the case in many other recent members of the EU where overseas investors have to form a company in order to buy property as well as get permission from local authorities.

2. Location Location Location!

The Slovak Republic has borders with:

Austria Czech Republic Poland and Hungary and the Ukraine.

This makes it a country at the heart of Europe and there are many locations where you can buy property for capital gains and the capital Bratislava is the most popular foreign investment property location in Slovakia.

Bratislava benefits from its superb and is close to the following:

30 miles from Vienna 2 hours from Budapest and 3 hours from Prague.

Prices in Bratislava are lower than in Prague or Budapest and offer excellent potential for capital gains which will be driven by the following factors:

With the lowest wages in the EU foreign companies have moved to Bratislava to take advantage of cheap labor costs.

This has given rise to a shortage of housing and estimated 4000050000 new dwellings will be needed annually to house the labor influx.

Property for sale in Bratislava remains highly affordable and in Petrazalka close to the station and the rail link to Vienna apartments can cost as little as 30000.

Many investors are also looking at the lucrative buy to let market and are targeting the university city of Trnava.

With rental values rising by around 18 per year its an affordable and lucrative place to invest.

3. GDP

GDP growth rate in excess of 8 achieved in 2006 and a similar level of growth forecast for 2007.

Slovakia’s Government between 20022006 carried out reforms to the taxation labour and social systems which has made the country much more attractive for foreign investors.

The World Bank nominated Slovakia as the world’s top reformer in improving its investment climate during 2004.

The current Government is building on the base of the previous administration and has committed to Slovakia joining the Euro in 2009.

These reforms are helping the Slovak Republic attract major investments in industry and commerce.

For example due to recent investment in the auto industry Slovakia is now becoming the highest producer of cars per capita in the World.

Another industry that is be promoted and developed in Slovakia is tourism.

Slovakia is relatively undeveloped in comparison with neighboring countries such as Hungary and the Czech Republic and the country in addition to the charm of Bratislava.

Buy investment property in Slovakia should not be restricted to just buying in Bratislava.

Move out of the cities and you are in beautiful countryside and national park areas and property prices become even cheaper.

Rural properties around the mountainous regions of the country make excellent affordable second homes.
Popular destinations are:

The ski resorts of Ruzomberok in the central Velka Fatra range Jasna in the Low Tatras and Zilina and Poprad in the High Tatras.

Investment property in Slovakia The future

The future looks bright for Slovakia and the advantages of:

Geographical location rising GDP innovative reforms growth in tourism and property to suit all budgets and you have market that looks set to provide investors with solid gains for years to come.

If you are looking at buying overseas property then consider buying Slovakian investment property and you may be glad you did.

About the writer:nbsp;nbsp;FREE REAL ESTATE ADVICE
NEWSLETTERS PDF DVD’s AND MORE

For more info on all aspects of investing in overseas real estate visit our website for a huge resource of articles features and downloads and at http://www.netplanet.org/index.html

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Dubai has caused some remarkable changes to the Real Estate and development industry all over the world. Dubai is a place that offers a great combination of the tranquility found only in the desert and the lively bustle of bazaars and several attractions for visitors residents and workers from all walks of life. Dubai is the leading commercial hub with the latest infrastructure and the among the best business environment to be found anywhere. Dubai offers all its investors with a wide range of valueadded options that make it the ideal place for any business. Dubai has a tropical climate and one of the most dynamic business centers in the Middle East. The city combines 21st century sophistication with the simplicity of the old days.

There are several comprehensive investing solutions that include sourcing prospective properties and reservation and also exchange completion and the management of property. There are several types of properties like residence holiday homes retirement property and simply an investment opportunity. Dubai has the latest amenities and the highest living standards in the world. Dubai is also unique in that while the rest of world has seen fluctuations in its Real Estate markets in the past few years Dubai has shown consistent growth with property rates appreciation an average of 20 every year. In addition to this there are several financial options and also the culture of resale that make it an excellent decision to buy property in Dubai.

The number of properties that are being traded in Dubai has ensured that for the next few years at least the growth will continue at its current rate. Though the growth of Dubai Real Estate market has been explosive and sudden it is the combination with the rising status of Dubai as an excellent business and visitor center that has made it such an excellent international business proposition. Today Dubai is the best place for anyone looking for business opportunities in property investment.

There are several advantages to owning property in Dubai. Though the business angle is quite good you must not neglect the excellent beach front properties that you can also use for investment. The Dubai Marina is just one example of such a development. It is one of the most exclusive and highdemand developments in Dubai. The Dubai Marina offers panoramic views of the entire marina and also allows quick access to shopping areas and has many themed restaurants.

The trick to investing in Dubai property is to choose carefully. Because of the high number of properties available you need to be careful which one you pick so that your investment has the maximum yields. Also make sure that if you choose to work with a realtor you are offered the complete package that includes financial and legal services. If you are ready to invest then this is the ideal time to do so. Dubai is also among the most expensive places and prices are going to go up for the next few years so it is best to get into the market as soon as you can.

About the writer:  William King is the director of Dubai Property UAE Property Dubai Real Estate Portal: http://www.bayut.com Pakistan Property Pakistan Real Estate Properties Portal: http://www.zameen.com and Australia Wholesalers Australian Wholesale Dropshippers Suppliers Directory: http://www.australiawholesalers.com . He has 18 years of experience in the marketing and trading industries and has been helping retailers entrepreneurs and startups with their product sourcing promotion marketing and supply chain requirements.

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If you are interested in international property investment we are going to look at a great destination here which has been voted one of the best property investments in the world with average forecast growth of nearly 300 over the next 10 years and the country is Slovenia. Here we will look at why Slovenia property investment is hot.

Slovenia is a country that is attracting both European and North American real estate investors and interest is at an all time high.

Slovenia Location

Many people have not heard of Slovenia but it is a small recent member of the European Community and has the highest GDP of any new member and is situated right at the heart of Europe bordering: Austria Hungary Croatia and Italy.

Recent membership of the EU has seen billions of dollars invested in the country from the European community and private investors.

The Result?

Disposable incomes are higher than ever before this has led to an increased demand for high quality housing and demand is simply out stripping supply.

For example property in Ljubljana the capital has been increasing by30 in many areas but the growth is not just restricted to the capital. The second city of Maribor and the coastal resort of Piran have also seen strong rises.

Future prospects

The future prospects for growth in Slovenia property prices are good not only does the country have a solid growth internally it is actively promoting its tourist industry and this means a huge influx on people wanting high quality accommodation to rent and looking for holiday homes.

Slovenia is a small beautiful country and has much to enjoy.

It is a country of soaring mountain peaks dense alpine forests valleys dotted with vineyards mighty rivers and even a small unspoilt section of Adriatic coastline.

Skiing is popular and property located in or close to these resorts are popular choices great areas to buy in are:

Around the towns of Bled Bohinj Maribor and Kranjska Gora. Other areas set to rise in popularity are the towns around the beautiful Soca Valley and the coastal region around Piran.

Property is still keenly priced with good upside potential and you can not only benefit from great capital gains but also solid rental incomes and there are Slovenia properties to suit every budget.

Buying is straightforward and the local laws are designed to protect both buyers and sellers and you can arrange local finance for the property which is secured on the property in Slovenia not your principle place of residence.

There are plenty of Slovenia estate agents to help you find your investment property and many cater specifically for international investors.

So if you are interested in international property investment consider Slovenia and you may be glad you did.

About the writer:nbsp;nbsp;MORE FREE INFO ON BUYING SLOVENIA PROPERTY

For all the facts on Slovenia and how to buy and Slovenia Property visit our website for a comprehensive resource of articles features and properties at http://sloveniaestates/index.php

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Let’s face it homes are expensive. When looking for a place to live and a property to own everyone wants to make a careful decision. Many people choose to hire a real estate agent to work with them in finding the right home for them. Here are some tips that you can use in searching for a good real estate agent.

Make sure that you are dealing with the right type of agent. There are two types of real estate agents: the listing agent and the selling agent. You need the services of a selling agent because a listing agent is after the interests of the owner of the property. Here are some important questions that the NAR National Association of Realtors suggests that you ask a prospective real estate agent:

* How many homes have you sold in the past year?
* Can you provide a list of references?
* Do you have any obligations to the seller?
* Where will you be looking for homes?
* Will you be showing homes that offer lower commission rates?

You should also ask if they will be showing homes that are for sale by owner. Another good question to ask is if they have sold homes in that particular area of your interest. If they are familiar with the area and have some successful sales there they might be able to help you.

Make sure they listen to your needs and don’t have an agenda of selling their “in house” listings before everyone else’s. It is very important that you are clear about what you want. Tell them the areas that you are interested in the style of house and your price range. If they don’t seem to understand your needs or seem to be in the interest of selling more than helping you move on.

If you sign a contract with your agent and you should ask for a satisfaction guarantee. You need to be allowed to terminate the relationship if you are not happy with their services. After all you are going to be living in the home everyday not them. They should be in it to help you and if you feel that they aren’t really helping let them go.

You should take your time and shop around for services just like with anything else. Buying a home is a huge step. Compare the prices of these agents and check their references before you hire them. Hiring the right real estate agent is the first step in finding the right home.

About the writer:  Eddy Kicker is a REALTOR servicing the Greenville SC real estate market. Eddy is a dedicated professional that offers the best in customer service and attention in relocation to Greenville. Contact Eddy today for more information on South Carolina real estate.

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After scratching brains long what one needs is peace and comfort. That can be provided where there is solace. And best place one can get peace and relaxation is nature. In the lap of nature one can spend time in full happiness. For that garden or planting trees at home is needed. But in this new era house are not so big that one can have garden at house. For that best option is terrace garden. Beautiful terrace garden at top with flowers and sitting place is very good.

After coming home tired men can sit at their terrace garden and can enjoy sip of tea during morning and evening. For making terrace garden is not so hardworking. Form gardening at terrace at least terrace can be good use for enjoying with your family friends or just a place to hang out with yourself. Plants grass trees are always pleasing to eye and refreshing. Hardly there is anyone who does not like the green environment. More there will be plants more people will posses good health. Plants in natural also help in keeping mind and soul of man happy and good. For nature is always kind and teaches us to be calm and patience. Once Wordsworth said Nature is mans best friend.

Garden consists of a layout i.e. grass shrubs plants trees hard capes patio fountains decks and some lights water body. Vegetables grown within your terrace will be a pride for you too. Even fruits can also be grown. Wellbalanced terrace garden have bamboo two different types of palms money plants a few flowering plants sunflower plant and some herb plants like basil. Exotic rose plants preferably white and yellow ones for they add touch of glamour. Vegetables especially tomatoes curry leaves green chills lady finger cauliflower urinals cabbage peas for there are climbers if place nicely gives good looks. Bonsai plants are also a good choice or plants with colored leaves.

One can also have lily or lotus plant in a terracotta pot or two add cane wrought iron wicker or wooden benches with floor cushions around perfect place to unwind relax or even party. For garden implies beautiful flowers swaying all around by the gentle sway of breeze. The green foliage peeping in between the bright colored flowers gives you a tranquil feeling that freshens your mind and soul. It includes Aloe Vera Asparagus Bamboos Vulgarism Cardamom Carioca Papaya Hibiscus Manjishta Marigold Mulberry Jasmine salad leaves red roses tulip with green lawn at center.

For nature keeps the pollution away and imparts fresh air. The air which is important for all. Even if there is no time for walking one can walk in their terrace garden. As walking on green lawns keeps good health along with eyes. For making terrace garden natural stone or concrete is good. One can also use granite and marble. There should proper drainage system for terrace garden. For that lowest layer in every garden should be bricks. Nature is always kind and it teaches human also to be kind and loving.

About the writer:  For more information visit: http://www.cdmconstruction.net/

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Though not everyone wants a home in the center of town there’s a really clear set of home buyers looking for vibrant communities where they can walk or bike to most places they want to visit. Being able to get to the store walk your kids to school get to work and even go out for dinner on a Friday night all without a car now tops the list of what’s desirable in a neighborhood for these people.

As it turns out neighborhoods with a deliberate mix of residential and commercial properties public green space and community centers are packed with more than just people. With so many nearby destinations they also encourage healthy living. According to a report published in the Journal of American Planning more walk ability equals less waistline. The report shows that when a neighborhood’s walk ability increases by just 5 the neighbors’ body mass index decreases by .23. The study echoes the results of numerous studies showing clear links between health and neighborhood design. Less driving reduced impact on the environment more social interaction increased connection with neighbors and a stronger local economy are other perks.

Though the term is becoming increasingly popular walkable communities aren’t new. The old town village was a walkable community. The world’s biggest metropolitan centers started out as small walkable communities long before the invention of the car. These cities were natural places for people to settle build their homes businesses schools and town halls close together.

GET YOUR WALK SCORE

There’s been such an increased interest in the concept of walkable communities in fact that a Seattle company has just launched a website where users can plug in an address and get the “walk score” for that neighborhood. The application is based on information found in Google Maps and though it has it’s flaws is a great tool for home buyers doing a home search outside their region.

The site will generate a walk score for any address that can be found in Google Maps from Tampa to Juneau. The results tend to be fairly accurate but the generated walk score sometimes trips over the things that Google doesn’t know about a neighborhood. Criteria that affect walk ability like weather crime hills trees rivers and public transit are not taken into account by the Walk Score site. Yet.

One visitor to the site suggests that the application’s short comings can be compensated for by “the Web 3.0 app called going outside and investigating the world for yourself.” Very funny but when you’re looking for a home in Tampa while you live in Minnesota this kind of firsthand information isn’t possible. What is possible however is to use the Walk Score results as a springboard for dealing with your Realtor. Your Realtor makes it their business to know the neighborhoods they serve. If they also have a good understanding of the importance of walk ability to your home search you’re well on your way to finding the right home in the right neighborhood whether it’s in the next state or on the other side of the country.

About the writer:  Calum MacKenzie is Tampa Bay Real Estate agent who centers his business on personalized service. Visit www.tampahomes247.com to see homes for sale in Tampa Bay and start your home search right now.

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Home prices in Houston Texas have held steady while the rest of the nation is seeing an over 7 percent decrease in home prices. In the 1st quarter of the year Houston Texas saw an increase in home prices of approximately 0.8 percent. The median home price is now 148400. This is good news if you live in Houston.

Although there is good news if you are a home owner in Houston 0.8 percent is not much of an increase and if you purchased your house at the peak of the real estate market you can be sure that this slight increase has not had much affect in your home value. In fact even with the slight increase in home appreciation there are still many home owners who can not afford their mortgage and are falling into foreclosure.

If you are from Houston Texas than you know the hard situation you are faced with if you need to sell your house. If you purchased your home recently you probably owe more for your house than what it is worth. You can not afford your house so you know you need to sell it the problem is who do you sell to?

Well believe it or not there are home buyers who are buying houses in Houston. Many people do not know that professional home buyers or real estate investors buy houses throughout the nation. Home buyers are real estate investors who some times buy properties and hold for long term investments thus allowing them to pay more for your house.

If you owe more for your Houston Texas house than what it is worth then you should consider selling your house to a professional home buyer. They will negotiate with the bank to get your name released from the mortgage and complete a successful short sale. This way you will not get a foreclosure status on your credit report which will save you lots of money and hassle in your future.

You should also consider contacting a professional home buyer if you need to sell your home fast. If you are behind on your mortgage payments being relocated by your job inherited a house and now want to sell it going through a divorce or have family health problems and need to sell your home.

There are many ways to sell your house. You can sell it For Sale By Owner list your home with a real estate agent or you can sell your house fast to a local home buyer. Some times the fastest and best way to sell your house is to sell to a real estate investors. This allows you to get your equity from your house fast and move on.

So if you own a Houston house or any house for that matter and are near foreclosure or need to sell your house for one reason or another do not give up. Contact your local home buyer and get a free consultation on your home selling options. There is no charge for any services provided by professional home buyers so you have nothing to loose.

About the writer:  Sell My Houston House to a local home buyer?

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