We have a department that specialises exclusively in "leasehold extensions and enfranchisement". Their work includes the following:
- Extending flat leases, pursuant to the Leasehold Reform, Housing & Urban Development Act 1993 ("the 1993 Act") or, on occasions, by agreement between the Landlord and Tenant. Under the 1993 Act a Tenant is entitled to an extension of the term of their lease for an additional 90 years at a peppercorn ground rent.
- "Collective enfranchisement", that is claims under the 1993 Act made together by a majority of Tenants in a building to acquire the freehold and any intermediate leasehold interest from the Landlords.
- The purchase of the freehold of leasehold houses pursuant to the Leasehold Reform Act 1967.
- Dealing with rights of first refusal under the Landlord & Tenant Act 1987("the 1987 Act"). Where a Landlord wishes to sell the freehold of a residential flats the 1987 Act requires that they first serve notice on the Tenants in the building giving them the opportunity to purchase the freehold on similar terms.
- Applications for Right to Manage under the Commonhold and Leasehold Reform Act 2002, made by a majority of Tenants in a building through an "RTM Company".
We act for both Landlords and Tenants.
Should you wish to make a preliminary enquiry please contact Yashmin Mistry at email@example.com.