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There is a right available where there are several flats in one building and the tenants (or similar) decide to buy out the landlord by acquiring his interest in the building, that is to say the freehold. It is the ownership of the freehold which gives control over things such as repairs, service charge and other management functions. Generally speaking, the tenants that participate form a company and will therefore have a say in the management of the building.
We have the expertise to offer detailed advice as regards the sale and purchase of freehold reversions. We can represent either freeholders or lessees and can advise both individuals and groups.
Our bespoke and comprehensive service includes explaining all of the options, providing tailormade reports and making recommendations.
We can deal with all matters from the original negotiations through to the conclusion and completion of the sale and purchase.
For further information regarding leasehold enfranchisements then please do not hesitate to contact us.