Lease Extensions & Leasehold Enfranchisement
Whether you are a Landlord or a Tenant, at Herrington Carmichael LLP we have a wealth of knowledge to help guide you through the process.
Introduced to restore the historical imbalance between the inherently disadvantaged Tenant and the monopolistic Landlord, laws on leasehold enfranchisement now provide for a breadth of collective and individual rights.
Our Landlord & Tenant services:
We offer a full range of services for both Landlords and Tenants in relation to:
- Lease extensions of flats and houses (both under the statutory procedure and by private treaty)
- Enfranchisement of leasehold houses
- Collective Enfranchisement and Rights to Manage for groups of tenants
- Rights of First Refusal
It’s important to understand the rights available to you if you are a Tenant to ensure you are able to maximise the value of your asset, and it is equally important for Landlords to be aware of what rights their tenants have to ensure that they deal with their reversionary estate in the best way possible. We would suggest that you contact us to discuss your options at the earliest opportunity to ensure that you take the best steps forward in realising your property value.
Herrington Carmichael are members of ALEP
(Association of Leasehold Enfranchisement Practioners)
As a member of ALEP we have been vetted to ensure that we have significant expertise in leasehold enfranchisement. Membership of ALEP acts as a badge of assurance so that landlords and tenants can be confident that they are employing professionals with the right level of experience in handling potentially complex transactions.
The Leasehold Advisory Service is an excellent resource and one stop shop for initial advice, facts and figures.
Statutory lease extensions of flats FAQs
What is a statutory lease extension?
Am I qualifying tenant?
How much does it cost to extend your lease?
For further information please contact Joshua Watkins on 01276 854 948.
The Property Law / Real Estate department is the largest in the local area, with staff based in Camberley and Wokingham dealing with matters including property development and plot sales for regional and local house builders. Services for landowners include selling land for development. Landlord and tenant services are provided for all parties from negotiating new leases to lease renewals, and advising on rent reviews. All aspects of residential property and conveyancing are handled including Help to Buy, shared ownership and HomeBuy.
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