Ask The Experts

Question #105

Can I buy the freehold of my block?

Leaseholders have the legal right to collectively buy the freehold of their building if they meet the required qualifying criteria; this is called “collective enfranchisement”. It is also possible for leaseholders to negotiate informally with the freeholder to buy the freehold by agreement. It can be a bit of a process, so you should think about getting professional help.

#estatemanagement #freehold

#105

Answered by

Jennie Bunting

Estate Management

Jennie joined The Acorn Group when she was in her 20’s and over the years has gained hands-on experience in both the property and block management sectors, heading up both divisions and as Director of Estate Management for the last 15 years.