FREEHOLD PURCHASE

Is it possible to purchase the Freehold on my property?
If your property is a house or maisonette Yes. As the Freeholder, we are prepared to sell the Freehold to you. However there are certain legal requirements in this regard.

If your property is a flat – please seek legal advice

How is the pricing calculated?
The Freeholder calculates the prices of Freehold sales and Lease extensions based on:

·  The current ground rent paid

·  The current duration left of the lease

·  The price of a property,  (based on the current market value)

·  A yield for the term and reversion

Do I require my own solicitor?
It is entirely down to you as an individual if you wish to involve your own solicitor, but it is not a requirement.

How do I make the payments?
Once we receive the deposit for either the Freehold Purchase or Lease Extension, we instruct our solicitors, who contact you regarding payments.