Enfranchisement Solicitors

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Collective Enfranchisement- The Cost If you are going to proceed with leasehold enfranchisement [also known as freehold purchase] then it is important that you and your fellow participating tenants pay close attention to the costs involved. Obviously, it is hard to predict exactly how much buying your freehold will cost as it will vary according to your property and how long the process takes. One thing you will have to pay for is a qualified chartered surveyor, whose job it will be to provide you with a report valuing the freehold. It's really important to appoint a surveyor who is experienced in lease enfranchisement cases – we can put you in touch with the right one for you. You will also have to pay solicitors costs. These will include the cost of serving notice on the current freeholder, setting up a new company to manage the freehold, the cost of transferring the freehold to that new company and preparing new leases. You might also have to pay for legal services at a leasehold valuation tribunal if your landlord is uncooperative and reluctant to sell you the freehold of the property. In addition you will have to pay for an agreement that sets out the contributions of all of the tenants taking part in the leasehold enfranchisement, including the issue of new leases. Another thing you will have to pay is your landlord’s ‘reasonable’ legal costs, which will include their legal fees, the cost of their own valuation and his or her conveyancing costs. Also, if you set up a company to manage the freehold then it is likely that you will employ managing agents who will subsequently manage the building on behalf of you and your fellow tenants. The cost of paying for them will also have to be factored into your leasehold enfranchisement costs. Thinking Of Leasehold Enfranchisement? Contact Us Today  Our solicitors have extensive experience of UK Leasehold Enfranchisement. So wherever you live in the UK, we can help - you can instruct us by email, phone or Skype. For specialist advice ; • email advice@enfranchisementsolicitors.co.uk or • phone   (01722) 422300  (01722) 422300  for FREE initial phone advice

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 .