Leasebacks and enfranchisement Where there are areas in a building that are not subject to a long lease, when a claim to the freehold is made, the freeholder may have certain rights of ‘leaseback’ – that is to say the right to ask for a 999 year lease of these areas. This means that when the freehold purchase completes, the …
Should we go for the freehold or exercise the Right to Manage ?
Should we go for the freehold or exercise the right to manage? This can be a potentially confusing choice for a collective of flat owners and depends on what exactly the likely participants want to get out of the process. It is important to get th…