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Various Acts entitle you to extend your lease, buy your
freehold or take over the management of your building, provided
you meet certain criteria.
The most recent is The Commonhold and Leasehold Reform Act 2002,
which in terms of lease extension and freehold acquisition made
the conditions contained within The Leasehold Reform, Housing
and Urban Development Act 1993 easier to fulfil.
Another significant piece of legislation in this area is The
Landlord and Tenant Act 1987, which makes it a criminal offence
for freeholders to sell the freehold to a third party without having
first offered it to the flat owners.
We have a full understanding of these Acts and can advise you on
how they translate into the reality of extending your lease or
buying your freehold and related activities.
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