Before tenants can agree to enfranchise they need an idea of the possible purchase price so it is advisable to have a valuation carried out.
Search Results: Freehold (491)
The Leasehold Reform Act 1993 gives flat owners the power to club together to force the sale of the freehold of their building.
Belinda Thorpe of Residentsline advises on how to prepare for buying your freehold with the following steps that need to be followed.
Richard has a BSc in Estate Management from the University of Reading University and specialises in Leasehold Extensions and Compulsory Purchase.
In May we saw disturbing events, such as the cyber-attack using ransomware that crippled the operation of many hospital trusts.
Mark Chick from Bishop & Sewell LLP advises whether you can buy a freehold if there is a commercial element in the building.
A qualifying tenant requires a long lease, which is a lease of a term of years in excess of 21 years.
What happens if any of the participating residents wish to withdraw after the initial notice has been served on the freeholder to purchase the freehold?
We want to buy the freehold of our building. Are there costs to pay, other than the price of the freehold?
We are buying the freehold of our building collectively. How do we split the costs between us?