Enfranchisement enables residential tenants to force their landlord to sell the freehold of their building to them for a fee.
We advise tenants and landlords in Kent, London and the South East on all aspects of the enfranchisement process. Our dedicated team consists of lawyers across several departments to provide a complete service. Our enfranchisement client base is diverse and the subject properties wide ranging in nature.
We take the time to understand our clients’ objectives and guide them through the enfranchisement process. Once we have established that tenants are eligible to enfranchise, we help tenants create a nominee purchase company and tailor the company’s articles to reflect its specific purpose.
Our experienced team work with specialist valuers to help our clients to identify the fee that should be paid (or received) for the property being enfranchised. We assist in trying to resolve any disagreements on the enfranchisement process to minimise the time and cost spent on the process.
Where matters cannot be resolved through dialogue, we advise clients on any court or tribunal process that may be required to resolve the disputed terms. We provide clients with clear fee estimates to enable them to make an informed commercial decision as to what action to take. Once terms have been agreed (or imposed by a tribunal or court), our team attend to and complete the conveyancing process.
In addition to enfranchisement, we advise tenants and landlords on individual residential lease extensions applying the core principles as above. For those residential tenants who would like to control the management of their building but do not wish to enfranchise, our team also advise on invoking the right to manage the building.
For further information please contact one of the team.