Enfranchisement Solicitors

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Beyond Enfranchisement - Issues To Consider Recently enfranchised blocks are likely to face a number of issues, such as: • The need to extend the leases of those participating in the collective enfranchisement to 999 years • Considering whether to sell parts of the property (eg currently unused lofts) to free up capital • Arranging sale of shares in the Freehold Company to flats that did not originally participate in the leasehold enfranchisement - to realise asset value for your freehold company • Deciding how any proceeds raised from such sales are distributed • Reviewing current contracts that you have with service providers , including the cleaners • Choosing a new managing agent – which can itself be an intimidating task • Getting to grips with new aspects of property management such as required fire risk assessments The amount of legislation affecting residential property management is growing quickly. A good point of reference is ARMA – The Association of Residential Managing Agents. Their web address is http://www.arma.org.uk. Their website has lots of useful information about Residential Managing Agents as well as a list of their members. In addition, when considering appointing a managing agent, you might want to check if they are members on the RICS (The Royal Institute of Chartered Surveyors) website at http://www.rics.org   In Need Of Collective Enfranchisement Legal Advice? Wherever you are in the UK, for a FREE initial telephone consultation on your Lease Enfranchisement, call our enfranchisement and lease extension Solicitors on   01722 422300  01722 422300 or e-mail advice@enfranchisementsolicitors.co.uk  01722 422300 01722 422300 – or email advice@enfranchisementsolicitors.co.uk

FREE Initial Advice Initial legal advice from our solicitors for  leasehold enfranchisement, lease extension and right to manage cases is FREE. 01722 422300 01722 422300 or via email . Don't just take our word for it... ? Click here to see what our clients say about our lease enfranchisement solicitors . Specialist Group ? Our lease extension and enfranchisement solicitors are members of the Association of Leasehold Enfranchisement Solicitors .