In London, 40 percent of properties are flats — higher than anywhere in the country. The expert team of London leasehold enfranchisement solicitors at Hockfield & Co. in Kennington, South London focuses on the major issues affecting leaseholders in the area.
Lease Extension Lawyers: Kennington And South London
Clients come to us with a range of concerns, including:
- Can I extend the lease on my flat? The value of your lease declines each year and if there are fewer than 80 years to run, you will have to pay an additional premium (being one half of the ‘marriage value’) to the freeholder. We use the leasehold enfranchisement laws to ensure that you can extend the length of your lease for a reasonable price. If necessary, we will bring your case to the First-tier Tribunal Property Chamber (FTT).
- Is it possible for my neighbours and me to buy the freehold of our building? We advise residents groups on every aspect of freehold purchase, and we are happy to attend a residents meeting to discuss the process in detail and give an estimate of costs.
- I am dissatisfied with the company that manages my building. Can I apply to manage it with the other leaseholders in the block? We can advise you on how to set up a Right To Manage (RTM) company so that you have control of how your building is run.
- Can I challenge the service charges imposed by my freeholder? Charges for leasehold property must be reasonable and you must be properly consulted about them. If there is a dispute, we can negotiate with your freeholder and, if necessary, ask the FTT to make a decision on the matter.
We help clients with all of these issues. We provide a cost-effective and personal service that takes account of the unique circumstances of each situation, often working swiftly and within the strict time limits set out in the rules.
Many of the leases under which flat owners in South London hold their homes are unique to the area so clients really do benefit from our advice: We have been firmly established in the area for more than 35 years, and our knowledge of these and other local issues that affect leaseholders is unrivalled.
Our priority is to assist you in achieving your objective in the most efficient and economic way possible. Our charges will reflect the nature and complexity of any particular problem. To address your concerns, we will provide initial advice at an agreed fixed rate, enabling you to decide on the most pragmatic and common-sense approach. Contact our team online or call us on 0207 582 8784.