Solicitors in Essex & London
If you are an owner of a flat with a long lease, the value of your property is affected by the length of time remaining on your lease. A short amount of time remaining on the lease will create difficulties when selling or obtaining a mortgage; however, you may be able to extend your lease by 90 years and reduce the rent to a ‘peppercorn rent’. Our lease extension solicitors in Essex and London are experienced at acting for leaseholders to extend their leases. We explain the process in simple, easy to understand terms and we will act from service of the initial notice of claim on your landlord, through to registration of the new lease.
A group of leaseholders can join together to acquire the freehold of a block of flats - a process known as enfranchisement. Our team of property litigation lawyers have significant experience in this sometimes complex area of law and can guide you through the process, acting for you throughout the transaction.
For freeholders, we can assist when a notice of claim is received from a leaseholder to extend a lease, or from a group of leaseholders to acquire the freehold. Our property solicitors currently act for a number of large property companies with extensive portfolios of freehold property.
Occasionally, a tenant or landlord may need to make an application to the First Tier Tribunal (Residential Property) for a determination on an aspect of the lease extension or enfranchisement. This occurs when the parties cannot reach agreement on the premium that the tenant is to pay, or other terms of the lease cannot be agreed. Our residential property litigation solicitors across Essex and London have significant experience in dealing with such applications, and we will act on your behalf to achieve the best possible outcome.
If you feel that you require further legal advice relating to lease extensions or enfranchisement, feel free to contact any of our residential property litigation solicitors directly to discuss your legal issues in more detail. Our team offers consultations in any of our five offices across Essex and London, or, if more convenient, we are happy to meet you onsite at your own premises.