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House Enfranchisment with Knight Frank

Owners of most leasehold houses now have the right to purchase the freehold from their landlord, under the Leasehold Reform Act 1967. This is known as "enfranchisement".

House enfranchisement can be a highly complex process and the legal procedures are inflexible. Specialist advice from both expert surveyors and solicitors is strongly recommended.

To qualify for house enfranchisement

  • The building must be a 'house' within the meaning of the Act. Your solicitor should advise you prior to a claim if your house qualifies.
  • The property must be held on a lease that was originally for over 21 years.
  • The tenant must have owned his property for at least 2 years

Procedure for house enfranchisement

  • The tenant serves a Notice on the landlord
  • The landlord serves a notice in reply stating whether the tenants can acquire the freehold and separately the price at which he is prepared to sell
  • There is then a period for negotiations, with a referral to the Frist-Tier Tribunal if agreement on the premium cannot be reached.

What else can we do?

  • Advise on Rights of First Refusal under the Landlord and Tenant Act 1987
  • Advise on security of tenure when your lease runs out
  • Private finance and funding advice through Knight Frank Finance
  • Advise on securing third party investors to acquire non-participators shares in relation to collective claims

 

  • Advise on Rights to Manage (RTM) companies in conjunction with collective enfranchisement claims
  • Advise on Participation Agreements and costs
  • Advise in relation to residential block management
  • Ground rent reviews
  • Litigation

What our clients say

“Vanessa, this year since we were introduced to you we have been impressed by your warm and helpful demeanour. We have also been equally impressed with your hard work and how you have progressed at remarkable speed in both valuation and negotiating skill with the tenants who you have approached through the extensive marketing you initiated.”

Head leaseholder, Bourne Capital, Queen's Court, LondonOctober 2012

 

Guide for leaseholders

Guide for landlords