Keeping You Safe: Our Assurance

With restrictions being extended for at least another month, at Watsons we continue to do everything possible to keep you and our team safe. We have been following the Government’s sector-specific guidance since the start of the COVID-19 pandemic and our staff continue to take the safety of our customers and the Watsons team very […]

What is the difference between a freehold and a leasehold?

What is the difference between a freehold and a leasehold?

The majority of flats and some houses in England and Wales are leasehold. As a leaseholder you have bought the exclusive right to live in your property for a fixed number of years, which will reduce over time from the date the lease was originally granted. Flats and apartments can never be sold with an absolute freehold title as by nature they are built on top of each other and therefore occupy the same area of land. 

Notes for Incoming Directors of a Residential Management Company (RMC)

Notes for Incoming Directors of a Residential Management Company (RMC)

What is the Residential Management Company for? A Residential Management Company (RMC) protects the rights of Leaseholders. Its aims are to manage and administer the common parts for the benefit of all owners. Common parts may include the road, landscaped areas (not in private ownership), bin stores, internal communal areas and structures of any building […]