Extending your Lease / Buying a Freehold
“Experts in enfranchisement, complex residential and commercial deal structuring”
Chambers HNW 2021
Many flats and apartments, and some houses, in large cities are owned with a leasehold interest and the length of the lease will affect the value and saleability of your home.
Many of our clients therefore seek to extend their lease of their flat or buy the freehold of their house to protect the value of this important asset.
Our market leading team has been advising individuals, freeholders and leading urban estates for many years and is ideally placed to guide you through the process from beginning to end of:
- Extending your lease including negotiating with the freeholder to agree the right terms, liaising with the valuers in their negotiations to secure the right price and ensuring that you meet your deadlines
- Buying the freehold of your home providing you with peace of mind
- Collective Enfranchisement claims for groups of tenants who wish to purchase the freehold of their apartment block.
The process can be complex and challenging, with plenty of scope for error, so taking expert legal advice from our expert enfranchisement lawyers will ensure that you get the result you require.
“They are very good at seeing through complications and coming up with practical solutions”
Chambers HNW 2021
“The personal touch and knowledge of this firm's solicitors is exceptional”
Legal 500 2020
For some time, those advising clients on leasehold property, and specifically in relation to potential enfranchisement claims have had to temper their advice due to the fact that the law is likely to be the subject of change.Read more 8 min read 22 Jan 2021 Guide to Collective Enfranchisement
Tenants of long leases of flats (granted for a term of over 21 years) have the right to acquire the freehold of the building, and any intermediate leasehold interests (on a collective basis).Read more 10 min read 18 Dec 2020 Overview of Enfranchisement Law
There are two main forms of property ownership in England. These are freehold and leasehold…Read more