After discovering the unfairness of freehold purchasing in the UK, Mike co-founded The Freehold Collective – a unique partnership dedicated to helping apartment owners acquire the Freehold of their building in a stress-free manner. For over 12 years, our expert, comprehensive, end-to-end service has empowered people to reap all the benefits of their Freehold for the best value for money in the market. We have helped over 750 leaseholders in 35 Freehold acquisitions, saving a combined £12 million in premiums.
I hope you can become one of them and enjoy owning your freehold thanks the hard work of the team at The Freehold Collective.
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.