Leasehold enfranchisement, lease extensions and right to manage
If you own a leasehold property you may not be aware or fully understand your rights with regard to acquiring the freehold, extending your lease or insisting on the right to manage the properties.
Our teams have the full range of experience in this field to:
- Obtain Lease Extensions, either by way of negotiation or by the statutory process
- Exercise the Right to Manage
- Act for residents in negotiating and collectively buying the freehold of their block of flats
- Advising freeholders in respect of their response to applications for Lease Extensions, the Right to Manage and sale of the Freehold
- Rights First Refusal
We have acted in many varied situations for Landlords, small groups of tenants on small developments, large groups of tenants on large developments and as a result we understand the difficulties that arise in co-ordinating the activities and negotiations on behalf of a group of tenants. Exercising the Right to Manage, the Right to a Lease Extension or the Right to purchase the Freehold is complicated by the number of the people involved because it is not just one party on either side but there is a need to focus and unite the whole group of tenants.
Members of our team will meet with residents out of regular office hours at management company meetings or at specially convened residents meetings in order to explain the process.