Leasehold Enfranchisement
Helping you acquire the freehold of your homeIf you own a leasehold property you may be able to acquire the freehold of your building or extend your lease. Stone King’s experienced residential property solicitors can help you do this.
The rules governing collective and leasehold enfranchisement are complex and require specialist legal advice. Our residential property team have particular expertise in this area of law and regularly deal with complex and large freehold acquisitions. We act for individual lessees and collective groups of leaseholders as well as for landlords.
If, for example, you are a flat owner living in a block of flats or converted residential property our solicitors can help you acquire the freehold interest from your landlord, subject to some simple qualification rules. Click here to find out if you qualify.
Our property team works closely with specialist valuers on your behalf to make sure you obtain the correct valuation and can advise you on the legalities of entering into participation agreements with other leaseholders. Our solicitors can also help you organise the finance you need, deal with notices and other legal requirements, and agree terms with your landlord.
As an alternative to buying the freehold, individuals or groups can extend their leases. So if you have a leasehold property, our solicitors can help you extend it. We can also advise you and your fellow lessees if you want to take over the management of your building from an ineffective landlord or management firm.
If you are considering either collective enfranchisement or a leasehold extension then please talk to us first.
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Real and Personal Winter 2012 - 1st February 2012
The Winter 2012 edition of the Real and Personal newsletter. >>
Philip Ryder