Buying your freehold – the basics

https://youtu.be/KmuUmTS6SZY This is a short video explaining the basic points to consider if you are thinking about buying your freehold. It covers: whether your building will qualify or not, qualifying leases some other preliminary points to think about. I hope you find it useful. If you would like to know more then by all means contact me to discuss.  

What is a ‘leaseback’?

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 …