Interested to buy a freehold for your property?

Do you know that if you own a leasehold flat or a leasehold house, you can actually Purchase the freehold if you qualify? I am lucky to get a freehold myself but most of my friends' properties are leasehold. Freehold properties are getting lesser and lesser nowadays especially in the city. So what do we need to do in order to purchase the freehold?

In order to buy the freehold, at least half the number of flats are required to take part in the group purchase of the freehold. Leaseholders are recommend to form a company and when the purchase of freehold is completed, those that participated will be the member of the company. So how do you know whether you are qualified for this or not?

Contact Freshlaw, the leasehold specialists for a free initial consultation to discuss your options and costs involved. Besides telling you whether your building is qualified for collective enfranchisement or not, they will also estimate how much it may cost, form a property management company, negotiate with the freeholder on your behalf, draft all legal notices and many more. Email them or call them on 07975650421 to find out if you are interested to buy a freehold. Oh ya, don't forget to check out their useful articles such as the Selling or Buying a Leasehold Flat and Right to Manage Your Flats.