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I want to buy the freehold of my house. Are there any additional costs other than the price of the freehold?

If you are buying the freehold under the Leasehold Reform Act 1967 you are liable to pay the freeholders reasonable legal and valuation costs. If you cannot agree what is reasonable, either party may apply to the First-tier Tribunal (Property Chamber) for an assessment to be made. If you are privately negotiating the acquisition of the freehold you should ideally have a written agreement as to what costs you will pay. The legal costs can vary depending on the complexity of the matter.

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


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