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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.

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I own a leasehold house. How much will the freehold cost?

A chartered surveyor should be able to calculate the value of the freehold for you.

The calculation depends on a number of factors including the rateable values of the house at different dates, the ground rent, the number of years left on the lease and the value of the house today.

You may be required to obtain the rateable value of the house in 1965 (or the first day of the lease, if later) and in 1990. These rateable values will tell your chartered surveyor which one of the methods for valuation to use;  the Original Valuation Basis or the Special Valuation Basis.

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 Department for Levelling Up, Housing & Communities.

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