I want to buy my freehold, but there is one or more flats owned by the landlord that are not subject to a long lease. Can I do this? Yes. There are two possible pathways. Assuming that the building qualifies (and don’t forget it needs to be at least 2/3 let out on long leases) then there are rights to purchase the …
I want to buy my freehold and there is a commercial element in the building, can I do this?
The short answer to this: yes, provided that the area in question does not take up more than 25% of the building. The test can be complicated to apply, but essentially you are looking for a precise measurement of the net internal floor area of the property, compared with the net internal floor area of the remainder of the building. …