Case Study Title
Under the Leasehold Reform Act 1967, leaseholders have the right to buy their freehold if the individual has owned the property for more than two years. However, like all areas of complex law there are some exceptions. It is possible to force the freeholder to sell their freehold interest at a reasonable price too, but you will be responsible for the freeholder’s legal costs and surveyor’s fees.
As we’ve been practicing in this area for many years at Lawrence & Wightman, we’ve almost certainly dealt with every single eventuality and can provide advice to resolve most situations. We’ve also come across most freeholders or their agents, and in most cases, have a good rapport that enables us to settle cases at the best possible outcome for our clients.
When calling, it is usually helpful if you can let us know how long you have left on your lease and what your ground rent is.