Owners of residential flats can now force their freeholders to extend their leases (once they have owned their flat for two years). They can also, collectively with other flat owners, acquire the freehold or the right to manage in respect of their block or building.
Not only can we help flat owners to exercise their rights, we can also assist Landlords to minimise the adverse effects of the new changes.
If your lease has less than 90 years remaining you should think about extending your lease, especially if the purchase of the freehold with the other flat owners is not an option for you. If your lease has over 80 years to go you need to act urgently before it drops under 80 years and marriage value is payable to the freeholder.
