Freehold Ground Rents

Lease Enfranchisement: Leases, by their nature, get shorter and this affects the value of your flat.  By law, lessees have the right to extend their lease or, collectively, buy the freehold of the whole building. The following link provides a full description of the legislation: http://www.opsi.gov.uk/Acts/acts2002/ukpga_20020015_en_1

Our Enfranchisement Calculator will provide a detailed 'Desk Top' calculation of the likely premium for extending your lease including appropriate documentation to allow you to negotiate confidently with your Freeholder. Multiple calculations of each lease will provide the total likely premium appropriate for the freehold purchase.

Typically, Freeholders will propose a premium significantly higher than that which may be negotiated or, in the last resort, agreed at the Leasehold Valuation Tribunal.

Our Enfranchisement Calculator costs £100 per Desk Top calculation.  Alternatively we can provide individual valuation and negotaition of lease extension or freehold purchase.

Freehold Ground Rent Sales: We understand this specialist property investment and know the appropriate buyers.  If you own a flat and the freehold of the building it is likely you will obtain a better price by selling the elements (the leasehold flat and the freehold investment) separately.  This is particularly the case if we have the opportunity to advise on the terms of the new lease.