Leasehold reform

Leasehold Reform, Housing and Urban Development Act 1993
So long as they qualify under the criteria set out in the above act, individual flat owners are able to claim a new lease of 90 years in addition to their existing unexpired term.

Also based on at least 50% participation, a group of flat owners can collectively enfranchise (acquire) the freehold of their building.  Leasehold Reform Housing and Urban Development Act 1993

Leasehold Reform Act 1967

Similarly owners of leasehold houses also have the right to either enfranchise (acquire) the freehold interest or claim a new lease of 90 years in addition to their existing unexpired term. Leasehold Reform Act 1967

 

Our Role

Representing landlords, intermediate landlords or tenants, we regularly provide advice on lease extension and enfranchisement matters and then represent clients in negotiating the appropriate price.

Our team has experience of acting as Expert Witnesses before the Leasehold Valuation Tribunal (LVT), Upper Tribunal (Lands Chamber), County Court and High Court on such matters.

Our aim is to achieve the best outcome for our clients whilst endeavouring to ensure their negotiations in this sometimes contentious filed are as smooth and trouble-free as possible.

For more information please contact the valuation team

or call us on +44 (0) 20 7306 1660.