Skip to main content

Want to take over the management of your building?

Our E-Learning platform has modules for leaseholders looking to manage their own building using a RTM company.

Find out more here

We want to buy the freehold of our building. Are there additional costs payable, other than the price of the freehold?

If you are proceeding under the Leasehold Reform, Housing and Urban Development Act 1993 you will be responsible for your landlord’s reasonable costs. This is limited to legal and valuation costs e.g. the landlord’s valuation, legal costs of transferring the freehold and checking your right to buy the freehold.

You do not have to pay the landlord’s costs in connection with First-tier Tribunal (Property Chamber) proceedings.

If you are privately negotiating to buy the freehold outside the 1993 Act there are no rules regarding costs. It is a matter of agreement between the parties.

Buying the freehold can be a difficult process. We recommend you get professional help from a solicitor and surveyor with experience in this area.

More information you might find useful:

Still not found the answer?

Contact LEASE to have your enquiry dealt with by one of our experienced advisers

LEASE is governed by a board, appointed as individuals by the Secretary of State for the Ministry of Housing, Communities & Local Government.