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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?
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Recommendations:
- I live in a leasehold house on an estate comprising both houses and flats. Can we take over the management?
- How do I buy the freehold?
- How long do I have to live in my house before I can purchase the freehold?
- How long will it take to buy the freehold of my house?
- How much will the freehold cost?
- Where can I obtain the rateable values for my house?
- Are there any additional costs other than the price of the freehold?
- What can I do if I cannot reach agreement with the freeholder on the premium payable to buy the freehold of my house?
- I can't afford to buy the freehold of my house. Can I extend my lease instead?
- Who should arrange the insurance for the building?
- My lease requires me to arrange insurance with an insurer nominated or approved by my landlord. Is there any way of choosing my own insurer?
- My freeholder has gone missing. What do I do if I wish to acquire the freehold?