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Purchase Your Freehold Tips

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Purchase Your Freehold Tips

What are the Responsibilities of a freeholder?

December 10, 2021 Mike Somekh

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

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Purchase Your Freehold Tips

Everything to Know About Buying the Freehold of a Flat

December 10, 2021 Mike Somekh

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

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Purchase Your Freehold Tips

Ground Rents Abolished: The Latest Government Guidance

December 10, 2021 Mike Somekh

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?

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Purchase Your Freehold Tips

Freehold Directorship: What you should know

December 10, 2021 Mike Somekh

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.

Purchase Your Freehold Tips

What To Do When your Landlord decides to Sell the Freehold

November 4, 2021 Mike Somekh

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 […]

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