As of 2024, key property statistics reveal shifts in demand for freehold homes, largely driven by changing legislation around leasehold properties, as well as a push toward greater transparency in property dealings. For buyers, these statistics offer valuable insights into market trends, helping them make informed decisions about property types. For sellers and investors, understanding […]

Ground rent is a periodic payment made by leaseholders to the freeholder as part of their lease agreement. While many ground rents are manageable, some can be considered “onerous” due to being excessive, having frequent increases, or complex terms that create financial strain for leaseholders. Understanding onerous ground rent is vital for property owners and […]

Collective enfranchisement involves various legal and financial challenges, making it a daunting process for many leaseholders without the right guidance. One potentially significant cost involved is the Stamp Duty Land Tax (SDLT), which is payable on property transactions in the UK. This tax can add a considerable amount to the overall cost of buying a […]

The King’s speech promises sweeping reforms to the 400 year old home-ownership landscape for future generations, but what does all this really mean for ordinary home owners today – and should they really put their freehold purchase plans on hold?

When purchasing a freehold property, one of the key elements to grasp is the cost and structure of solicitor fees. These fees are more than just numbers on an invoice, they represent the cost of ensuring legal compliance, safeguarding your interests, and facilitating a smooth transaction.

Collective Enfranchisement: a term that may sound daunting, yet holds the key to an empowering process in property ownership.

Ground rent is a term familiar to many leaseholders, yet its implications can often be unclear. Understanding ground rent, especially regarding increases, is crucial for leaseholders. This article aims to clarify whether a freeholder can increase ground rent, examining legal, contractual, and practical aspects.

Understanding the ins and outs of collective enfranchisement regulations can be a game-changer for leaseholders looking to take control of their property. 

Understanding the distinction between freehold and leasehold is crucial. Freehold ownership signifies absolute ownership of both the property and the land it sits on, offering various benefits and responsibilities. However, there’s also an option to collectively purchase the freehold, known as share of freehold, which presents its own set of advantages and considerations. 

Collective enfranchisement is a concept that empowers leaseholders to take control of their living spaces by collectively purchasing the freehold of their building. This process not only grants leaseholders greater control over their homes but also offers various financial benefits and increased property value. 

A collective freehold purchase, also known as collective enfranchisement, is a process where leaseholders within a building collectively acquire the freehold, gaining increased control over the management and maintenance of their property.

Breaking News: The King’s Speech featured a brief snippet on Leasehold Reform. We look at the implications and what leaseholders might be able to expect.

The Freehold Collective, a partnership dedicated to helping leaseholders acquire the Freehold of their building, has been awarded, for the second year running, Project Manager of the Year at the 2023 ERMAs, whilst Senior Account Manager John Henderson was Highly Commended in the Professional of the Year category.

If you have a leasehold property and need to extend your existing lease, but aren’t sure how, you’re in the right place.

Are you a leaseholder who has recently received a notification from the local council of a proposed development of new flats on your roof? If so, this guide is for you.

Whether you’re a leaseholder looking to extend your lease via your collective freehold, or a share of freehold owner looking to grant a lease extension to yourself or other residents of your block, there are a few key things you need to know about the process and associated costs.

Extending the lease on your home can be an intimidating and costly process, but it doesn’t have to be. We’re here to help. Whether you’re a leaseholder looking to extend your lease via your collective freehold, or a share of freehold owner looking to grant a lease extension to yourself or other residents of your […]

 To provide a quick refresher – if you find yourself in one of these situations: You and/or other leaseholders are dissatisfied with your landlord’s management of your residential building; or you want to exercise your rights to ownership of your property; or you wish to increase the value of your property, you might be considering […]

The Right to Manage (RTM) is a powerful piece of legislation, which gives you as leaseholders the power to take control of the management of your building. However, it is not guaranteed that all buildings automatically qualify for this.

At first glance, ground rent and service charges can be intimidating and confusing to try to navigate. But we’re here to share a little expertise to help you better understand what these are, how they work, and how to use them for your benefit.

As a leasehold property owner, you may be wondering if it is worth buying the freehold of your flat. After all, owning the freehold gives you a greater sense of security and control over your property.

The Right to Manage (RTM) is a legal option for leaseholders (flat owners) to take control over the way their building is looked after and to decide how their money is spent. It was first introduced through the Commonhold and Leasehold Reform Act in 2002.

Welcome to our guide on Right to Manage vs Collective Enfranchisement. Whether you’re a flat owner, tenant or landlord, this guide will help you understand the intricacies of these two important legal rights that can affect your property.

The Freehold Collective, a partnership dedicated to helping leaseholders acquire the Freehold of their building, has been recognised as the winner of a brand new award, Project Manager of the Year, at the prestigious Enfranchisement & Right to Manage Awards.

The terms “freeholder” and “leaseholder” refer to the owners of both freehold and leasehold properties respectively.

In The Oxford English Dictionary, the rather unique term “peppercorn rent” is defined as “a low or minimal rent”. However, this definition isn’t quite in line with modern property law. The Leasehold Reform (Ground Rent) Act 2022 legally defines a peppercorn rent for the first time as ‘an annual rent of one peppercorn’. The Act […]

Homeowners and property owners have the right to manage their own buildings, but what are the pros and cons? Read on to find out.

The deferment rate is a key factor in calculating the premium a flat owner must pay their landlord for a lease extension or a share of freehold and it is likely that the long-established approach will soon be up for review. If you are not certain if this affects you, think again. The residential property […]

Service charges can be a contentious subject, especially if leaseholders aren’t aware of their legal rights. So, understanding what they must do, and what protection they have, in the face of paying service charges, is important for all tenants.

When you first approach buying the freehold, it can seem complex. Many leaseholders who wish to purchase their freehold often wonder where they should start, and do not have the complete picture of exactly what’s involved at each stage of the process.

When landlords or freehold owners want to carry out qualifying works to their freehold property, a piece of legislation must be issued that ensures the work is carried out lawfully and with leaseholder permission.

When trying to buy the freehold of their building, qualifying tenants may come across something called the right of first refusal. Freehold right of first refusal applies directly to the immediate landlord, and is written into the Landlord and Tenant Act of 1987.

A share of freehold is when a flat or apartment leaseholder owns a share of the freehold of their entire building.

When perusing property, many people come across terms like “share of the freehold” but aren’t sure exactly what a share of the freehold means.

“Freeholder” is a word that can mean different things depending on the context. For example, freeholders are people who own freehold property and freeholders are also members of the free-holding class in Great Britain. In this blog post, we will be looking at the freeholder meaning in relation to what it means to be a […]

Freeholders are those who own their homes or buildings, plus the land the building is situated on and airspace above it. 

When it comes to buying the freehold of a flat, there are many things that leaseholders need to take into consideration.

In May 2021, the UK Government published draft legislation aimed at banning Ground Rents altogether but what exactly will change and what benefits will you see if any?

In January 2021, the UK Government issued a press release trumpeting the “biggest reforms to English property law for 40 years”. However, will leaseholders really see any benefits? If so, to what extent and when?

If you own a share of freehold in your residential building, you may be offered the opportunity to become a director of the freehold company. Before deciding, you should know what the role entails.

With the Leasehold Reform Act 2024 now law, and the King’s Speech 2024 promising to bring in a new Leasehold and Commonhold Reform Bill, it’s important to revisit important Leasehold and Commonhold legislation and stay updated with the latest changes. 

Official UK Government statistics estimate that there are over 4 million residential leasehold properties in the UK.

You just received a letter in the post saying that your Landlord is serving a Section 5 Notice and intends to sell the Freehold of your building, making you an offer. You know deep down that you should examine your options but where do you start, and what even is a section 5 anyway? Don’t […]