Brexit Bill Basics Jonathan Thompson, Senior Associate The Agriculture Bill was published on 12th September and will receive its second reading in the House of Commons on 10th October. So begins its passage through the Houses of Parliament. This will take some months and expect it to become law near the end of the current…
Many owners of long-leasehold houses have the right to buy their freehold under the 1967 Act. A similar right may be available to a group of owners of long-leasehold flats in a block to buy their freehold under the 1993 Act.
We advise on the various elements of each of these processes, including:-
- assessing eligibility
- instructing valuers and surveyors
- financing the purchase
- participation agreements
- the statutory notices
- attendance at tribunal
- the creation of new long leases for applicable flats following enfranchisement
Enfranchisement is not a one-sided and inevitable process. We advise freeholders, intermediate landlords and management companies on their rights and responsibilities throughout the process.