| Residential
Leasehold Valuations
Leaseholders
may, under recent legislation, extend their lease, or
in conjunction with other leaseholders in the building,
apply to own the freehold of the building
Extending a Lease
Rights
If you have owned your flat for more than 2 years
the chances are that you will be able to extend your
lease by 90 years.
Cost
The cost will depend on a number of factors. The price
is negotiated with the freeholder. Cases where negotiations
fail are referred to the Land Valuation Tribunal.
We will be glad to give you an estimate for a valuation.
What
Next
Contact us and we will be happy to advise on how to
get started and what the likely costs will be.
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Collective
Enfranchisement (Buying the freehold)
Rights
Under recent legislation a number of leaseholders
can make a joint application to purchase the freehold
of their building.
Cost
As for lease extensions the cost will depend on a
number of factors. The price is negotiated with the
freeholder. Cases where negotiations fail are referred
to the Land Valuation Tribunal.
What Next ?
Contact us and we will be glad to advise you further.
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here to contact us >> |
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