Expert legal advice for your leasehold enfranchisement transaction
Leasehold purchase, or collective enfranchisement, is when a majority of leaseholders in a multiple occupancy residential property such as a block of flats or smaller conversion, join together to purchase the freehold from the landlord or freeholder. This can allow freeholders to extend the existing lease to 999 years at low cost, or to give them the freedom to manage the development themselves.
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