According to up-to-date records from the National Statistics Office, there are approximately around 1.5 million long leasehold flats in England and Wales. Bournemouth and the surrounding area has more than its fair share of these flats and apartments – and many of which are going to be eligible for leasehold enfranchisement [also known as collective or freehold enfranchisement, and freehold purchase].
Do You Own a Flat or Apartment in Bournemouth? Want to Buy The Freehold Of Your Block? For Expert FREE Initial Phone Advice, Call Us On FREEPHONE 0800 1404544 or (01202) 834450
DO I NEED A SPECIALIST LEASEHOLD ENFRANCHISEMENT SOLICITOR?
In short, the answer is yes. Why?
o leasehold enfranchisement involves a particularly tricky area of law – in particular, for example, it’s easy to miss critical deadlines, and the law surrounding the exercise of your right to enfranchisement is notoriously difficult to interpret
o most property solicitors come across enfranchisement and lease extension very rarely – and our experience, the vast majority of non-specialist solicitors really struggle to cope with the intricacies of the enfranchisement process
o your freeholder is almost certain to will appoint their own specialist enfranchisement solicitor
o an experienced enfranchisement solicitor can play a crucial role in your enfranchisement team – drafting the legal compensation, cooperating with your surveyor , and you, or your project manager, to control the information flow and to make sure that the whole enfranchisement process goes through successfully
WE ARE COLLECTIVE ENFRANCHISEMENT SPECIALISTS
o There are very few solicitors who specialise in leasehold enfranchisement. The vast majority of property solicitors will not have ever dealt with leasehold enfranchisement – and you wouldn’t want to entrust your freehold purchase to a solicitor using your enfranchisement as a learning experience!
o Here at Bonallack & Bishop, our enfranchisement and lease extension team is based in Salisbury, although we also have offices in Andover, Amesbury and Fordingbridge. Our 5 strong leasehold enfranchisement and lease extension team are real specialists – that’s all they do – and we have experience of helping thousands of leaseholders to with successful lease extension and enfranchisement applications in the last 25 years.
o Our team are also members of the Association of Leasehold Enfranchisement Practitioners [ALEP] – which is the only national group of specialist enfranchisement solicitors and surveyors.
You can also enfranchise your leasehold house.
Click here to find more about how to buy the freehold of your leasehold house
OUR LEASEHOLD ENFRANCHISEMENT EXPERTISE – DON’T JUST TAKE OUR WORD FOR IT
Here’s what a local specialist enfranchisement surveyor says about us:
“I have worked alongside Bonallack & Bishop on numerous lease extension and enfranchisement cases and have been impressed by their efficiency, regular communication and knowledge of the subject.”
Stephen Higley, Smith Robinson Higley Ltd, Chartered Surveyors, Poole
And, what’s more, we are the only law firm nationwide recommended for lease extension and leasehold enfranchisement work by the HomeOwners Alliance, the nation’s leading organisation promoting interests of the UK’s homeowners.
THE IMPORTANCE OF YOUR SOLICITOR AND VALUER WORKING TOGETHER
In order for freehold purchase project to be successful, your solicitor and chosen valuer need to work together. Fortunately leasehold team know the right and valuers to appoint in the Bournemouth area, and we can introduce you to them, or appoint them on your behalf as part of our one-stop shop service. With solicitors and surveyors working well together, you can sure that the premium you will pay your freeholder is set at the right level and complete the enfranchisement process with ease.
OUR ONE-STOP SHOP ENFRANCHISEMENT SERVICE
We can help you throughout the process – all the way from day one to pointing the right surveyor and finishing the project by setting up your new freehold management company.
January 2023 update – In 2022, it was confirmed that marriage value would be abolished at some point during this parliamentary period, however no solid proposals have been released yet and there is no guarantee that it will go ahead as planned. Additionally, if the changes follow the new legislation abolishing ground rent introduced in 2022, they could only apply to new leases and not existing ones.
BOURNEMOUTH ENFRANCHISEMENT? CALL 01202 834450 TODAY
So if you own a flat or apartment in Bournemouth, and you’re interested in buying the freehold (or simply extend your lease), our team can help you. We are happy to meet you face-to-face, but equally, our team runs most of our enfranchisement work without a face-to-face meeting – taking instructions by e-mail, phone and Zoom video.
Email us using the contact form below and we can give you a FREE no obligation quote for your enfranchisement and answer your initial queries – or we can arrange to ring you back at a time convenient to you, if you prefer.