Leaseholders may eventually find that their leases are becoming ever shorter in length to the point where they must consider extending them.
There are very good reasons why a flat owner with a lease having around 80 years remaining should consider taking action to ensure a lease extension is granted.
There are four areas within the Leasehold Enfranchisement that Oliver Fisher can assist with:
· Collective Enfranchisement – how Leaseholders can compulsorily acquire their freehold
· Individual Lease Extension – how individuals can extend the lease of their flats
· Right to Manage – how Leaseholders can take over the management of the building
· Right of First Refusal – the Freeholder’s obligation to offer the freehold to Leaseholders
Oliver Fisher’s Enfranchisement Team undertakes a broad range of work in this specialist area, dealing with large blocks of flats through to smaller flat conversions, principally in West and Central London.
