Leasehold Enfranchisement & Lease Extensions

Buying or selling your freehold
Collective Enfranchisement
Lease extensions
Right of first refusal
Right to manage

Owners of leasehold flats or house need to be aware that their property will be difficult to sell if the remaining term of the lease reduces to less than 80 years. Subject to certain qualifications, such owners are entitled to extend the term of their lease and so protect its marketability. The cost of doing so becomes increasingly expensive as the remaining term reduces, particularly if that becomes less than 80 years. We therefore recommend that leaseholders consider the terms of their lease and contact us in respect of their options regarding an extension of the lease where appropriate.

Owners of properties with long leases have various rights to enable them to strengthen the security of their title. Subject to meeting criteria set out in legislation, these include the right to extend their lease by 90 years, and collective rights with other leaseholders within a building to purchase their landlord’s freehold title. In both cases a premium will be payable to the landlord in order to gain the additional interest in the property

The processes involved can range from the relatively straight-forward to being fraught with complexities, but all require knowledge and application of the legislative provisions, precision in drafting, adherence to strict timescales and expert valuation advice. We have many years’ experience of assisting our clients in these intricate matters. We can also recommend valuation surveyors with whom we have worked with over a number of years as the amount of the premium to be paid will often be a contested aspect.

Our Leasehold Enfranchisement team

Dixon Ward | Business & Employment Law | Dispute Resolution | Leasehold Enfranchisement |Rob Horler| Our Story

Rod Horler

Business Law & Employment / Dispute Resolution
[email protected]

Sharon El-Nawar

Dispute Resolution / Business Law & Employment
[email protected]

Dixon Ward | Residential Property | Commercial Property | Viginie Drake

Jethro Clark

Dispute resolution
[email protected]

Meet the rest of the team

We are a small team, with big firm expertise. Good legal advice should not be a one size fits all experience, which is why we do things differently.

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Leasehold Enfranchisement insights

Lease Extensions (Statutory v Non-Statutory Lease Extensions)

Ownership of leasehold properties is for a length of time set out within the lease of the property, commonly known as the “Term”. The remaining term of a lease significantly affects the value and...

Get in touch

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If you would prefer to speak to someone on the phone, you can reach our team on: 020 8940 4051

You can also visit us at our offices on Richmond Green:
Dixon Ward, 16 The Green, Richmond, Surrey, TW9 1QD

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Our reception is open 09:00 - 17:30, Monday to Friday (excluding Bank Holidays).

Gregory White & Abigail Pfister are the
accredited Lifetime Lawyers at Dixon Ward