Leaseholds
Leasehold Extensions and Enfranchisement
Trying to extend your lease
Do you have less than 70 years remaining on your lease?
A short term lease is unattractive to a future buyer or lender and might make it hard for you to sell your property.
But did you know that you may be able to negotiate a leasehold extension?
And if the freeholder is unwilling to extend your lease, you may be entitled to make an application under the Leasehold Reform, Housing and Development Act 1993 to force a leasehold extension.
Are you thinking of buying your freehold?
If you do not own your freehold or have a share in it, your landlord has total control over service charges and building repairs.
So perhaps you're thinking of taking back control and buying your freehold?
At Ormerods Solicitors we can help you in the freehold purchase process, handling all the paperwork and negotiations and taking the stress away from you.
But maybe you've tried this and your landlord is unwilling to sell the freehold. Did you know that you may be able to apply to the Leasehold Valuation Tribunal to compel your landlord to sell?
At Ormerods Solicitors we specialise in the complicated area of leasehold extensions and enfranchisement. Our expert team can advise you on the legal requirements and represent you throughout the process, offering a cost effective and friendly service.
For further information, contact us by clicking here.