Purchasing Your Freehold
This process is also known as collective enfranchisement. It is where a group of Leaseholders come together to purchase their building’s Freehold. Whilst it is not essential that you own the freehold to the building where you live, it does give Leaseholders ultimate control of their property.
This is a complicated legal process, especially if you are unable to locate the Freeholder of the building or if the Freehold was owned by a limited company and the company has been struck of the Companies House register.
It can take considerable time and money to complete a sale.
At Residence we can assist you at every stage of the process, both on a practical level, but also to provide assistance with our legal and accounts team.
Get in touch with us at Residence to see how we can help you take back control.