Collective Enfranchisement - Getting Started
Outlining the qualification criteria and procedure in relation to collective enfranchisement (buying the freehold) of a residential leasehold building (flats)
You do not have to participate in buying the freehold. If you do not take part you will remain a leaseholder and the terms of your lease will stay the same.
If you want to join in the purchase or buy a share of the freehold at a later date this will be at the discretion of the participating leaseholders. All you can do is negotiate.
More information you might find useful:
- Collective Enfranchisement – Getting Started
- More Frequently Asked Questions on Buying the Freehold of Flats
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