You can purchase your freehold provided both you and the building satisfy certain conditions.
Cruickshanks is one of the legal pioneers in spreading the word about the virtues of leasehold reform both to estate agents and leaseholders. We have presented several seminars to estate agents and groups of leaseholders. Cruickshanks has become acknowledged experts in leasehold enfranchisement.
Enfranchisement (buying the freehold) requires collective action of 50% of the building’s long leaseholders. The residence test was abolished and now you need only be the registered owner, and no longer are required to own the property for 2 years. You can begin the process with your fellow leaseholders from day one of ownership.
We are often referred clients by the Leasehold Enfranchisement Association and the Leasehold Advisory Service but more satisfyingly by word of mouth from existing satisfied customers. We are happy to supply references from our satisfied clients.
We act for both tenants and landlords, and continue to act for substantial blocks as well as small blocks in reaching satisfactory negotiations on the purchasing and selling of a freehold. We have also acted successfully for tenants with absent or missing landlords. Our ultimate aim is to obtain the best possible result for our clients.
