• Leasehold & Freehold Solutions

    "incredibly easy to work with, proactive and helpful, and from the beginning we have felt in safe hands." - James Carey
    Leasehold Enfranchisement

Leasehold Enfranchisement

Are you considering extending your lease or are you considering buying the freehold of your property?

We can assist with the following:

  • Extending your lease 

    You can extend your lease under the Leasehold Reform, Housing and Urban Development Act 1993 or simply by agreement with your landlord, we can explain the advantages and disadvantages of either procedure

  • Buying your share of freehold
     

  • Exercising your Right to Manage

 

Ask our property solicitors for help

 

Extending your lease

Leaseholders can extend their leases by following the procedure in the Leasehold Reform, Housing and Urban Development Act 1993. One stipulation is that they must have owned the property for two years. When successful, they will have the right to an extension of 90 years to the current term and ground rent is effectively reduced to zero. You may need advice from a professional valuer and we work closely with such experts. 

 

Leasehold Enfranchisement - Buying the freehold

Depending upon your circumstances, you may wish to purchase the freehold of your property and this is something we can advise on.

 

Exercising your right to manage 

If circumstances suit, you may wish to consider your Right to Manage your property. This route allows you the opportunity to challenge the management and maintenance of the common and shared part of a building or development.

If you would like some expert advice on Leasehold Enfranchisement, and how it may affect your property, please feel free to email Christopher Shepherd or Jonathan lynn, our partners that cover this area.

 

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