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Purchasing your freehold

If you own a leasehold property then you have the ability to purchase the freehold.  All owners of Leasehold property have the rights to acquire their freehold, subject to meeting certain criteria.

Purchasing your freehold can be simple or complex depending of what type of property you own.  If you own a House then the process can be simple.  If you own a Flat then you individually would not be able to purchase your freehold but collective with other Flat owners you may be able to. Whatever your situation, our expert Lawyers are able to assist and advise you.

Houses

The simplest process is for those who own a House and agree a premium for the freehold directly with the Landlord. In these cases, the process can on most occasions be dealt with quickly and on a fixed legal costs basis.  You will normally have to meet your legal costs and those of the Landlord but our Lawyers would be able to advise you as to what costs are payable and you would receive a statement from us before completion showing a breakdown of all the costs which you are responsible for.

If you are unable to obtain a private agreement with your Landlord for the purchase of your freehold then our Lawyers can advise you of the rights you have under legislation.  This process will involve serving the Landlord with a notice of your wish to purchase the freehold.  The process is then followed by the Landlord serving counter notices and a price is then agreed between you and the Landlord as to how much will be payable for the freehold.  This process is complex and lengthy but our expert Lawyers are on hand to guide you through each step of the process.

Flats

Matters are more complicated for owners of leasehold flats.  You are not able to acquire the freehold of the building personally but collectively with the other flat owners you could acquire the freehold.  This is known as group enfranchisement.  This is a complex process and can be expensive.  Taylor Bracewell is experienced in dealing with these matters but you may find that you may benefit from a simple lease extension of your own lease. 

For any enquiry you may have in respect of your freehold contact our expert Property Lawyers at our Sheffield or Doncaster offices.

For more information why not download one of our Conveyancing Guides

We can also help you with any of the following:

Purchasing Your Freehold

Purchasing your freehold? 

Call us with your enquiries

01302 341 414 0114 272 1884
Residential Property Team Headed up by Partner Mark Walton, our Residential Property team, based at both our Doncaster and Sheffield offices can help you with all your property legal needs from buying and selling your home to equity release Meet the team
This is my 10th buy/sell with Richard Ellis and his team, need I say more? yes, Thank you! Mr Shepherd opening-speachmarks closing-speachmarks
A very professional service. Friendly and effective staff. Very good value for money with prompt and clear communication. Highly recommend and will definitely use again. Mr and Mrs Winder opening-speachmarks closing-speachmarks
Smooth and hassle free service, everything was taken care for me. ANON opening-speachmarks closing-speachmarks
My wife and I have had property sales and property purchases that have been handled by Andrew Smith. One in particular proved difficult due to the specific issues. However he was always available, stayed in contact, was clear, assuring and professional at all times. Mr and Mrs Helliwell opening-speachmarks closing-speachmarks
Your service was prompt and helpful and I appreciated being kept informed of progress during the sale. I am happy to continue using your firm for all my legal requirements. ANON opening-speachmarks closing-speachmarks
We sold and purchased a house through Taylor Bracewell and were completely satisfied with the service. Richard went above and beyond to ensure that the completion was done efficiently. Would definitely recommend Taylor Bracewell again. Mr and Mrs O'Keeffe opening-speachmarks closing-speachmarks

Contact Our

CONVEYANCING TEAM

If you are looking for Conveyancing experts to help you with Residential Property Law needs, our team will give you a call back at the earliest opportunity. Alternatively, you can call our Doncaster office on 01302 341414 or our Sheffield office on 0114 272 1884
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