Success Stories 1

Let us help you to extend your lease or buy your freehold. With an excellent proven track record and many previous satisfied customers, you can be sure you will receive a service that is unparalleled.


	When Leasehold Solutions starts a new project, be it a lease extension or freehold acquisition, we start the communication progress by gathering as many flat owners together for an initial presentation. Here we outline the options, the pros, the cons and the practical issues of the various courses of action. We gauge the level of support for the various options and let flat owners determine how the project moves forward. We believe that communication is key maximising participation in projects like block freehold acquisitions. And the higher the participation, the cheaper the price per flat-owner.
Alex Greenslade talks to flat owners in Milton Keynes

A variety of projects we have managed are outlined below for your interest:

Freehold acquisition – formal (legal) transaction – Cambridge
Leasehold Solutions was asked to coordinate the purchase of the freehold by one of the owners at this converted school building consisting of thirteen flats. Leasehold Solutions organised the funding of the valuation by seven of the owners, with a view to agreeing a price with the freeholder informally.

The freeholder was unwilling to negotiate on this basis and it was therefore necessary to serve an Initial Notice to compel the freeholder to sell the freehold. Ten of the owners took part in the serving of a Section 13 Initial Notice, a reasonable price was agreed a few months later and the freehold acquisition transaction completed.

"Leasehold Solutions was very professional and managed the whole process within a short timescale. They provided a very good service and we were really pleased."
– Mr Speller, Cambridge

"Dealing with Leasehold Solutions was a very good experience. They managed to deliver on all fronts, particularly considering the short timescale they had to work within. We set them a challenge and they rose to it."
– Dr Dunstan, Cambridge

Bulk lease extensions – informal transaction – Kent
Leasehold Solutions was asked by one of the owners at this block of 16 in Belvedere, Kent, to organise the collective purchase of the freehold. The leases were 68 years and therefore the value of the flats was starting to decline in value at an exponential rate.

Although the freeholder was willing to sell the freehold, there were not enough flat owners willing or able to take part in the transaction for it to be an affordable proposition for the remainder. Therefore Leasehold Solutions re-negotiated bulk lease extensions for those wishing to extend their leases. Nine of the 16 flats took part and the transactions completed.

"Leasehold Solutions was very patient and very professional."
– Ms Payne, Belvedere

"Dealing with Leasehold Solutions was a pleasure. I was totally satisfied with everything."
– Mr Dimmock, Belvedere

Freehold acquisition– informal transaction – London
One of the owners at this block of 18 flats in Bermondsey, London, contacted Leasehold Solutions via the Internet. He was aware that the leases were still above 80 years and that it would be prudent to organise the purchase of the freehold before the leases fell below 80 years and thus marriage value became payable.

The freeholder was willing to sell the freehold informally and 16 of the 18 owners took part (89%). This was a higher level than anticipated and therefore each participant received a refund.

"I would not have considered doing freehold acquisition unless Leasehold Solutions had contacted me."
– Mr Shah, Bermondsey

"I was very satisfied with everything. I wouldn't have considered doing anything about the lease unless Leasehold Solutions had contacted me. I would have left it and then panicked at a later date."
– Mr Bharti, Bermondsey

For further information on extending your lease or buying your freehold, please call us free of charge on 0808 1311 109, email us at info@leaseholdsolutions.com or complete our online form.