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“We are residential long leasehold specialists. Should you have any questions on leasehold enfranchisement or leasehold matters more generally, contact us on What is leasehold enfranchisement?
Leasehold enfranchisement, also known as collective enfranchisement or freehold purchase, is the statutory right for flat owners to buy the freehold of their building, even against their freeholder’s wishes. To do so, you will need to form a majority group of flat owners to collectively exercise your right to enfranchise. In return, you will have to pay a fair price and contribute towards your landlord’s costs.
“You took all of the stress out of what I thought was going to be a difficult and uncomfortable process. Anyone considering enfranchisement should speak to him (Mike Hansom). Thanks again.” RP
Should I buy my freehold?
There can be considerable advantages in collective enfranchisement, including:
- You and the other participating flat owners will own a “share of freehold”, which is often attractive to buyers.
- You can extend the lease of your flat to 999 years without having to buy a lease extension.
- The group can decide to stop demanding ground rent from the leaseholders.
- You can take control of the management of the estate/building containing the flats. In doing so, the group can set service charge budgets and ensure you get the best deal on buildings insurance. If the leasehold flat owners wish, they can choose to appoint a property managing agent.
However, it is not always possible to use leasehold enfranchisement to purchase your freehold. Nor is it always the best thing to do. We will provide clear advice on whether your building qualifies and whether the process is in your best interests.
“Thank you for your diligence and ready accessibility; we really appreciated that.” MA
Leasehold enfranchisement solicitors
Our team are experts in leasehold enfranchisement. By using us:
- You will maximise your chances of getting the best deal.
- We can ensure you and your fellow participants have a clear agreement in place to give the best chance of the process being a success.
- You will be guided carefully through the procedure to avoid technical pitfalls and minimise the chances of your claim being challenged by your freeholder/landlord.
- You will be represented by specialist property lawyers with experience in Property Tribunal and Civil Court claims, should either be needed.
How much does leasehold enfranchisement cost?
No two leasehold enfranchisement claims are the same because lease wording and buildings vary considerably. You may be acquiring the building on its own, or there may be external grounds to include – or exclude. Also, the attitude and approach of your landlord/freeholder is unpredictable, which can also affect the amount of work involved.
However, through our transparent pricing, you will know from the outset what the likely costs will be, with costs projections should there be unforeseen complications.
In addition, remember that your freeholder/landlord is entitled to be paid certain costs of responding to the leasehold enfranchisement process. We will also guide you through those costs at an early stage.
