A group of leaseholders can force their freeholder to sell the freehold title of their building to them, as long as they can meet certain criteria. This is known as enfranchisement and, usually, it removes your existing freeholder’s involvement and allows you to manage your own building.
This also enhances the value of your flats by extending the lease of each flat to 999 years. This protects your investment and ensures the flat’s saleability for the future.
We can put you in contact with a specialist valuer in your local area to advise on how much the freehold is likely to cost. Then you and your neighbours can decide whether enfranchisement is a viable option for you.
If an enfranchisement is not possible, we can assist you as individual leaseholders in protecting your investments by instead obtaining Lease Extensions. We have a team of experienced professionals with expertise in enfranchisements and lease extensions. We would be happy to help with questions on your specific property.
Frettens is a member of the Associate of Leasehold Enfranchisement Practitioners.
Lease Extensions in Bournemouth, Poole, Christchurch and the New Forest
We have offices in Christchurch. Our Lease Extensions Team also covers Bournemouth, Poole and the New Forest, with the majority of our clients located in the Bournemouth and Poole area.
If you live in Bournemouth or Poole:
Please do not be put off by our location and please do not hesitate to contact us. Our lease extension lawyers will be very happy to speak with you.