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ALEP full colourLeasehold Enfranchisement

The right to buy the freehold of a block of flats from your landlord    

Why buy the freehold?

  • To control the management of the block collectively.
  • To extend your lease to 999 years.
  • Leases can then be sold and advertised as having a "share of freehold."
  • To remove the requirement to pay rent to a landlord.

What are the basic qualifying criteria?

  • It must be a self-contained building; and
  • not more than 25% of the building is residential; and
  • the total number of flats held by those tenant is not less than two-thirds of the total number of flats; and
  • not less than 50% of the total number of flats participate at the relevant date with a minimum of two participants.

What will it cost?

  • Please call to discuss.

How long will the process take?

  • see table below.

The right to buy the freehold from your landlord if you have a long leasehold of a house

Why buy the freehold?

  • Your lease may require landlord consent to carry out alterations.
  • To remove the requirement to pay rent to a landlord.

What are the basic qualifying criteria?

  • You must have a long residential lease of a whole house.
  • You must have owned the lease for 2 years.
  • If you are buying a lease the seller may, if the criteria is met, serve a notice and you can take an assignment of the benefit of that notice.

What will it cost?

  • Please call to discuss.

How long will the process take?

  • see table below.

process flowchart

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