Leaseholders who wish to increase the value or marketability of their property may well like to consider acquiring the Freehold and thereby gain control of how the property is run. This may be for a variety of reasons most commonly because they cannot benefit from the Right to Manage Legislation or have been offer pre-emptive rights as a leaseholder on a sale of the freehold. The purchase of the freehold is most commonly exercised by the collective leaseholders of the property or by any one or number of them.
As well as acting in the research, planning and implementation of a Freehold Acquisition we can also, if required, management the property as Managing Agents for the new owners to relieve them of the burden of carrying out those duties.
We also provide a service on the purchase of freehold reversions to Developers or Investors that will enables them to combine the property management and the freehold reversion within the same legal framework, resulting in the reduction of administrative and legal costs and so provide additional revenue.