As a result of recent changes to the legislation governing leasehold property, the procedure enabling lessees to buy the freehold of the block in which their flat is located has been simplified.

Nonetheless, this is still a complicated process that requires a prescribed route to be followed. There is a substantial amount of work to be completed if the application is to be successful – the application being the right to Collective Enfranchisement.

At Parsons Son & Basley we have the appropriate knowledge and skills to help both landlords and tenants navigate through the process. Indeed, our Senior Partner, Geoff Holden FRICS, helped write the Guidance Notes for Chartered Surveyors on the valuation of such interests. We truly are experts in this field.

For further information, informal advice without obligation and to obtain a quotation please contact either Paul Holder or Geoff Holden at our Brighton Head Office.