A specialist training event will help estate agents and letting agents increase their sales in London by boosting their knowledge about complex issues surrounding the sale of leasehold properties.
Leasehold experts from The Leasehold Group, which comprises project management firm Leasehold Solutions, legal firm Leasehold Law and valuation experts Leasehold Valuers, will provide insight, analysis and tips for estate agents and letting agents operating in London’s housing market.
Presented by industry expert Louie Burns, the event aims to give estate agents a competitive advantage and greater credibility when discussing leasehold issues with their clients.
Louie Burns, Managing Director of the Leasehold group of companies, said: “More than half of the housing stock in London is sold as leasehold, so there is a clear need for estate agents operating in the Capital to understand the many complex issues involved in buying and selling leasehold properties, in order to advise their clients correctly.
“As a result of recent legislation, estate agents can actually face being sued if they give inadequate or misleading guidance. Estate and letting agents operating in the capital therefore need to be prepared to offer their clients the right advice about leasehold properties or risk legal action.”
The breakfast training seminar event takes place at the Novotel London West hotel, Shortlands, in Hammersmith on Thursday 4 September from 8am to 10am. Breakfast is included in the delegate rate of £30 per person.
The session will offer estate agents in Hammersmith specialist advice about the latest developments in the residential leasehold sector and top tips for advising clients on the buying and selling of leasehold properties.
The breakfast seminar will address the key issues in leasehold enfranchisement, including:
- How the government’s legislative changes will affect the housing market and estate agent sector
- Key aspects about leasehold that estate agents really need to understand
- How a comprehensive understanding of leasehold can help estate agents to develop expertise in the recession-proof niche leasehold market
Burns concluded: “From a risk point of view, all those involved in the marketing and sale of leasehold properties, both new build and existing homes, must now review the way they present advice to their clients, to ensure they do not return at a future date to seek legal redress.
“In order to achieve the openness and transparency required under the Consumer Rights Act, estate agents must ensure that the lease terms are expressed fully, clearly and legibly, containing no concealed pitfalls or traps. This free event will give them the opportunity to learn from and question experts in the leasehold enfranchisement sector.”