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, that is, they may be able to “enfranchise” the freehold.

A group of leaseholders can nominate a purchaser or (more usually) create a Company through which they can jointly make the purchase.

The benefits are that participating leaseholders have full control of everything and are free to extend their leases to 999 years for £1 (i.e. a token sum).

If you would like to get advice upon the procedure to be followed by a fee quotation 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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