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Frequently Asked Questions
- I own a leasehold house. How much will the freehold cost?
- I want to extend my lease. Are there any additional costs payable other than the price of the lease extension?
- How can I buy the freehold of my building?
- How long can I extend my lease for?
- Why do I have to extend my lease?
- I own a leasehold house. How do I buy the freehold?
- What will it cost to apply to the Leasehold Valuation Tribunal (LVT)?
- What happens if we cannot agree on how much the lease extension should cost?
User FAQs
Does owning a share of the freehold mean that I no longer have to renew my lease? If not, would renewal be free?
Even though you own a share of the freehold of the building, you will still be a leaseholder of your flat and so it may be desirable to extend the lease. Generally when leaseholders collectively purchase the freeholder they will agree to grant themselves lease extensions without paying a premium. There may still be legal costs involved.
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