Wedlake Bell’s Leasehold Reform team provides swift, efficient and detailed advice on all aspects of leasehold enfranchisement.
Leasehold enfranchisement can be a complicated area of residential property law but with clear and comprehensive advice, it can provide tremendous opportunities for those involved with leasehold property.
We act for landlords and tenants in respect of claims under the Leasehold Reform Housing and Urban Development Act 1993 (as amended) and the Leasehold Reform Act 1967. Accordingly, we have specialist expertise to deal with the following:
- Lease extensions of flats.
- Collective enfranchisement claims.
- Freehold acquisitions of houses.
- Right to manage claims.
- Acting for a tenant in respect of its statutory lease extension claim which eventually settled with an agreed premium of £5,870,000.
- Successfully acted for a landlord to defeat a collective enfranchisement claim made by the tenants on the basis that the tenants' notice was invalid because it did not take into account the development value in the freehold title.
- Acting for a landlord of a high value residential block in Holland Park in relation to a right to manage claim by the tenants.
- Acting for a new client in respect of his lease extension claim of a flat with a complex title structure in a situation where we were instructed to act less than 2 weeks before the term of the lease fell below 80 years. A share of the 'marriage value' would have been payable if there had been less than 80 years of the lease still to run, but we were able to serve the tenant's notice within a matter of days to ensure that he avoided having to pay this.