Buy Share of Freehold / Collective Leasehold Enfranchisement

Our Chartered Surveyors offer expert assistance to Leaseholders or Freeholders on all matters relating to Freehold Purchase or Freehold Sale through Collective Enfranchisement

Buy Share of Freehold - Freehold Purchase Specialists‎ for the London Area

Collective Leasehold Enfranchisement procedures can seem complicated. Our Chartered Surveyors offer expert assistance to Leaseholders or Freeholders on all matters relating to Freehold Purchase or Freehold Sale through Collective Enfranchisement or, where the Freeholder wishes to sell, the Right of First Refusal under the provisions of the Landlord and Tenant Act 1987. Capital Leasehold guides Leaseholder and Freeholder clients through the Collective Enfranchisement or Right of First Refusal processes. We work closely with your lawyers to ensure that your interests are safeguarded and work hard to obtain the best possible settlement on your behalf.

Why Enfranchise?

A lease is a wasting asset and becomes less valuable as the unexpired term reduces. Eventually you will need to extend the lease but normally if you have a share of freehold you will not be required to pay a premium for this provided that agreement is reached to this effect by the acquiring leaseholders/co freeholders. As with a lease extension, acquiring the (share of) freehold gives you greater security and improves the value of your asset as well as improving saleability. You will also have greater control over how the maintenance on the building is scheduled and dealt with as you are not at the behest of a landlord who may attempt to overcharge for repair costs. Self-managed/owned blocks often have lower service charges.

Enfranchisement Summary

Leasehold Enfranchisement is a sensible course of action because:

  • Poorly managed buildings with high service charges are harder to sell
  • Poorly maintained buildings are worth less and are harder to mortgage or remortgage
  • “Share of Freehold” flats are generally preferred by potential purchasers
  • Leases can be extended by agreement protecting values against erosion by time
  • The longer you leave it the more expensive Leasehold Enfranchisement becomes, increased costs rising year on year
  • Ground rents can be reduced by agreement to nil (a peppercorn)
  • If a lease or leases slip below 80 years “marriage value” applies and it is more expensive to enfranchise
  • Freehold sharers have more control of the building in which they live

Areas Covered Include:
  • Acton W3
  • Balham SW12
  • Barnes SW13
  • Battersea SW11
  • Bayswater W2
  • Belgravia SW1
  • Belsize Park NW8
  • Bow E3
  • Brixton SW2
  • Camden N1
  • Chelsea SW3, SW10
  • Chiswick W4
  • Clapham SW4
  • Clerkenwell EC1
  • Crystal Palace SE19
  • Ealing W5, W7, W13
  • Earls Court SW5
  • Finsbury N4
  • Fulham SW6
  • Hammersmith W6
  • Hampstead NW3
  • Highgate N6
  • Holland Park W11
  • Islington N1
  • Kennington SW8
  • Kensington SW7
  • Kilburn NW6
  • Maida Vale W9
  • Marylebone NW1
  • Mayfair W1
  • Notting Hill W11
  • Oval SW8
  • Pimlico SW1
  • Putney SW15
  • Raynes Park SW20
  • Richmond TW9
  • Sheen SW14
  • Shepherds Bush W14
  • Southfields SW18
  • St John's Wood NW8
  • Stockwell SW8, SW9
  • Streatham SW2, SW16
  • Tooting SW17
  • Vauxhall SW8
  • Victoria SW1
  • Wandsworth SW18
  • Westminster SW1
  • Wimbledon SW19
Postcodes covered include:
  • SW1-SW20
  • W1-W14
  • SE1-SE27
  • NW1-NW6
  • N1-N22
  • WC1 & WC2
  • EC1-EC4
  • E1-E20
  • KT1-KT10
  • TW9 & TW10
  • CR0-CR8
Frequently Asked Questions

The Leaseholders as a group may be able to force the Freeholder to sell their interest in the building to the Leaseholders under the Leasehold Reform Housing and Urban Development Act 1993 Find out more..

You qualify collective enfranchisement if, two-thirds of the flats must be owned by “qualifying tenants”, that is Leaseholders whose leases Find out more..

Testimonials
An excellent outcome for which a very big thank you for a job very well done.
AR of Pimlico SW1
A Westminster house owner about our Lease Extension & Leasehold Enfranchisement service.
Thank you very much for this comprehensive and speedily prepared report.
SS of Grange Park N21
Advising Leaseholders joining in a formal collective enfranchisement claim to force the freeholder to sell them the freehold at a fair price.

If you would like to get FREE Advice or a quote for our services then call 020 8875 0035 or click the button below and we'll get right back to you.

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