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Watsons are excited to announce that we have renewed our membership with ARMA for 2023/2024. Discover why this is an important membership for us as managing agents.

This blog post explores the various costs associated with owning a leasehold property. Learn how to make informed decisions and avoid unexpected expenses as a leaseholder.

Unsure of who is who in a block of leasehold flats? Our blog post breaks down the roles, so you can navigate the complexities of leasehold property ownership with confidence.

A bid to save leaseholders from bills to remove cladding has been defeated in parliament.

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. 

At Watsons we are a team of dedicated property management professionals, supported by a network of approved contractors and local tradespeople. While we undertake regular site visits and interaction with property owners, residents and contractors, sometimes problems arise that we are not aware of.

Having a nice place to live is something we all want and strive for, and as managing agents Watsons consider this a vital aspect of what we achieve.

Housing secretary, Robert Jenrick, has announced a new £3.5bn fund to fix cladding on high-rise buildings in England and further loans for leaseholders to fix similar problems in shorter buildings, with maximum monthly repayments of £50 a month.

Prime Minister, Boris Johnson, has confirmed that the housing market will remain open during the new lockdown in England.