Leasehold Solutions is a family-run business established in May 2002 to enable leaseholders to address their lease lengths, which can often be a complex task.

In May 2007 the directors of Leasehold Solutions also launched ALEP, the Association of Leasehold Enfranchisement Practitioners, to promote best practice amongst professionals working in this sector.

Employing our services gives you greater control over the value of your home, as your property will become more valuable and marketable (important in a tougher economic climate) in terms of lease length whenever you come to sell it.

We are the largest and longest-established company of our kind, enabling leaseholders to extend their leases or acquire their shares of freehold without experiencing an expensive learning curve in dealing with their freeholders and the valuers, solicitors and other parties representing both parties.
With Leasehold Solutions you benefit from 15 years’ experience of handling many hundreds of lease extension or freehold purchase transactions.

We manage the entire process on your behalf, coordinating the work of all parties and keeping you fully informed at all stages.

We have significant buying power with our panel of solicitors and valuers so our clients benefit from fixed fees, thereby avoiding the ‘taxi meter’ situation that often arises when dealing with professional firms. To find out more take a look at our FAQs.

You are probably visiting this website because you are a leaseholder and need to deal with your lease length issue. Whilst this issue may have come as a shock to you, it is very important to understand that the length of the existing lease on your flat has huge implications on both the underlying value of your property and its future marketability. More specifically:

Under 70 years – most mortgage lenders would choose not to lend against properties with leases below this level or will offer much less favourable terms.

70 to 80 years – it is important to take action now, as the cost of rectifying the problem is increasing exponentially.

Over 80 years – taking prompt action will avoid marriage value, whereby the freeholder is entitled to 50% of any uplift in value resulting from a lease extension or freehold purchase.

One of the only constants in life is change. Our circumstances, plans and goals can suddenly alter at any moment. If you deal with the complex issue of extending your lease now, you will protect what is probably the biggest asset you possess – your home – and be fully in control of your own life path.

Various Acts entitle you to extend your lease, buy your freehold or take over the management of your building, provided you meet certain criteria. 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.

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.

The eligibility to extend your lease or purchase your freehold is determined by factors such as lease length, where the property is situated and your particular circumstances.

You can exercise your right to a lease extension individually, but freehold acquisition must be undertaken by groups of at least two leaseholders.

It is possible to negotiate informally with freeholders outside the legislation, which means that even those not eligible can often still take part. Although the criteria can be summarised simply, the various Acts’ rules are quite complex and each case is different.

If you are not already in contact with Leasehold Solutions regarding a particular transaction, please contact us to determine whether you are eligible for lease extension or freehold acquisition.

For further information on extending your lease or buying your freehold, please call us free of charge on 0808 1311 109 or use our online form.

Market leaders and proud founders of ALEP. setting high standards in the enfranchisement sector The directors of Leasehold Solutions established ALEP in 2007. The Association brings together barristers, managing agents, project managers, solicitors and surveyors working in the residential leasehold sector. Membership of ALEP acts as a badge of assurance so that flat owners can be confident that they are employing professionals with the right level of experience in handling potentially complex transactions. Take a look at some examples of how we have helped leaseholders to extend their leases or purchase their freeholds.

Brought to you by The Leasehold Group of Companies