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buying the freehold
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martom
Posts: 1 Newbie
any ideas about buying our feehold; we have a council flat which we bought 25 years ago, we and the other leasholder want to buy the freehold, the council have agreed!! but we dont know what to do next or who we need to get, the council have suggested we get a solicitor, but how do we get one who can do the enfranchisement and how do we know how much we should pay for a solicitor, any advice appreciated
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You might find it useful to have a look at The Leasehold Advisory Service website for a wider understanding aorund the issues involved.
I am sure other posters will also be able to give you a steer re finding the right legal advice but might be worth simply contacting a few local solicitors and asking for a quote?“Official Company Representative
I am the official company representative of Land Registry. MSE has given permission for me to post in response to queries about the company, so that I can help solve issues. You can see my name on the companies with permission to post list. I am not allowed to tout for business at all. If you believe I am please report it to forumteam@moneysavingexpert.com This does NOT imply any form of approval of my company or its products by MSE"0 -
You dont need to do that with LAS or enfranchise.
All you need is agree the terms with the help of your solicitor and a valuer, and your S and the Council's legal Dept will convey it to you.
You only need to exercise the formal rights if you cannot agree terms between you.Stop! Think. Read the small print. Trust nothing and assume that it is your responsibility. That way it rarely goes wrong.
Actively hunting down the person who invented the imaginary tenure, "share freehold"; if you can show me one I will produce my daughter's unicorn0
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