I recently recorded a podcast with the website Property Battlefield that looked at the question of ‘what is freehold?’ and also how flat owners can go about buying their freeholds.
To download a copy of the podcast click here: Podcast – “What is freehold?”
The discussion was about why we have freehold and looking at the two ways in which leaseholders can typically buy their freeholds under the Landlord and Tenant Act 1987 and the Leasehold Reform Housing and Urban Development Act 1993. Both represent a range of issues that need to be considered, including pricing and timing.
Property Battlefield is a site run by John Savage that provides information and content for estate agents and other property professionals although the topics covered in this interview will be of interest to property investors, managers and anyone looking to buy their freehold or find out more about buying the freehold to their block.
Mark Chick is a solicitor dealing with leasehold issues. This note (being very general in its nature) is not a complete statement of the law in this area. It is therefore not a substitute for legal advice from a suitably qualified professional and should not be relied upon as such. No liability can therefore be accepted for any actions based on reliance upon it.
If you require legal advice please visit www.bishopandsewell.co.uk or email leasehold@bishopandsewell.co.uk