In simple terms, leasehold enfranchisement is the process by which tenants in a block of flats can collectively force their landlord to sell them the freehold. Subject to certain restrictions, and providing the tenants meet all the necessary requirements, this is becoming an increasingly popular way of tenants taking control.
The benefit to the tenants is such that it allows them to manage their own affairs including the extension of lease terms and the levying of service charges. Whether acting for the landlord or for the group of tenants, Tolhurst Fisher can guide you through the necessary legal processes.
However, those processes are highly complex, technical and date critical, and with ever-changing regulations our expertise and experience is required at every stage. We can also advise tenants on how to take control of the management of their block of flats without taking over the freehold.
As full members of the Association of Leasehold Enfranchisement Practitioners, we can demonstrate that we have the practical experience and accreditation to undertake such projects, committing to high professional standards, integrity, quality customer service and a high level of market knowledge.
With collective enfranchisement becoming an attractive proposition to many, our specialist leasehold department is there to act on your behalf.
For more information, and to see if you qualify, visit our Leasehold Enfranchisement for Tenants page