Leasing Property – Freeholders & Leaseholders
Are you leasing property? If you own or are leasing a commercial or residential property which has a long or short lease, you likely have concerns and issues to resolve. Are you considering to buy or sell a freehold? Are you considering to extend, buy or sell a leasehold? Our property solicitors are ready to provide you with expertise legal advise on a wide range of issues relating to commercial or residential property, commercial leasing or residential leaseholds. We are experts on any issues relating to conveyancing and leasing, including the following:
If you are thinking of buying your property’s freehold or extending your leasehold, we can guide you through the process, giving you a breakdown of options as a leaseholder, a freeholder and a shareholder, including all the costs and responsibilities that entail when buying, selling and maintaining a leasehold property.
Suppose a Victorian house was converted into 3 flats and the conversion was completed over 30 years ago. The top flat is what was once the attic. You are planning to buy the top flat but the lease has 80 years left. We can help you explore your options and advise you on a number of issues that you could potentially come up against. You could either extend the lease or buy the freehold and we would be ready to help you negotiate terms with the landlord and your fellow flat owners. Consider what condition the building is in.
Look at what kind of landlord the current freeholder is because this will impact heavily on your decision to buy or lease. Are there any problems with damp in the building? Any leaks? Any historical roof damages? Has the service charge been collected? We’ll help you investigate the current position and help you explore all possibilities.
You own the freehold of a block either as an investor or with your co-owners of the flats and you have a problem which needs fixed. It might involve the fabric of the building or one of the flat owners not complying with the rules of their lease. We can help you look at the terms of that lease and what obligations they should be observing. We can help you review what your options are and help explore where possible practical and most cost effect solutions without the expense of protracted disputes.
We work with surveyors and other professional experts in the area of leasehold and freehold valuations and management. We are recognised as experts and partner with the Leasehold Advisory Service advising both landlords and tenants on their rights and navigating the statutory and non-statutory process. We help landlords and tenants solve their concerns, acting on both leasehold extensions and enfranchisement matters. This is a summarise list of some of our expertise:
Whether you own or are leasing a property (residential or commercial), please contact us and we’ll help you understand your rights, but will also help you explore your options and support you in every aspect of leasing, buying and selling property. We’re on your side to defend your interests or pursue your rights and entitlements. Please call us on 020 7113 4003 or email email@example.com – there’s no charge and no obligation for an initial conversation.
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