Commercial Leasehold Enfranchisement
If you need advice and assistance in relation to lease extension and renewal we can help.
Leasehold enfranchisement relates to the process of statutory lease extensions for flats and collective enfranchisement as introduced by the Leasehold Reform, Housing and Urban Development Act 1993.
Our specialist team have many years experience acting for both Landlords and Tenants in connection with all aspects of Leasehold Enfranchisement.
We can assist in four key areas;
- Individual lease extensions under the Leasehold Reform Housing and Urban Development Act 1993.
- Collective Enfranchisement – The collective exercise of rights by a group of tenants to acquire a freehold of a block of flats under the Leasehold Reform Housing and Urban Development Act 1993.
- The collective exercise of Rights to Manage under the Commonhold and Leasehold Reform Act 2002
- The exercise of rights of first refusal under the Landlord and Tenant Act 1987.
Being something of a hybrid area of law, combining aspects of property, dispute resolution and company law, we often work alongside other specialist teams in the firm and other professionals in order to provide our clients with comprehensive advice.
Time limits in Leasehold Enfranchisement legislation are strict, and this can be a minefield for those that are not entirely familiar with the legislation. Our team works with their clients to offer them a straightforward and pragmatic approach, ensuring that they know their rights and are able to exercise them as effectively and economically as possible.