Lease Extension & Leasehold Enfranchisement
From our Nottingham offices, our solicitors have extensive experience in leasehold extension and enfranchisement law, including right-to-manage transfers. Although there is a statutory right to each of these activities, the potential for costly, stressful disputes is high if the processes and procedures are not correctly undertaken.
Smalleys is one of the busiest Residential Property Solicitors in Nottingham and the East Midlands. Our reputation for excellence in managing leasehold extensions and enfranchisements is well known. By instructing us, you can be confident that the legal aspects of your extension or enfranchisement will run smoothly.
We are a diverse, multi-lingual law firm using best-in-class technology to provide streamlined, modern, and highly effective residential property advice and representation. Our years of experience in leasehold extension and enfranchisement law mean we have a robust reputation for excellence with the UK’s best Barristers and King’s Counsel, Estate Agents, Independent Financial Advisers, Surveyors, and Mortgage Brokers who can support our Residential Conveyancing Department if required.
We hold a Law Society Conveyancing Quality Accreditation, which means we are recognised for providing quality conveyancing advice, using regulated processes to reduce risk, and meeting Law Society standards.
Common Questions
What is the difference between a leasehold and a freehold?
If you buy a leasehold property, you own the house or flat but not the land it is built on. In contrast, a freehold property means you own both the land and any buildings on it indefinitely.
Why do I need to extend my lease?
If you do not extend your lease, the ownership of your property reverts to the landlord. It’s vital to renew your lease once it approaches 82-83 years to avoid paying the ‘marriage value’ when it drops below 80 years.
What is leasehold enfranchisement?
Leasehold enfranchisement allows leaseholders to purchase the freehold of their building. For leasehold houses, the Leasehold Reform Act 1967 provides the right to purchase the freehold or extend the lease.
What is a ‘nominee purchaser’?
A nominee purchaser is a person or company nominated by leaseholders to purchase the freehold of their building. Often, leaseholders form a company to manage the building post-purchase.
What is the Right to Manage?
The Right to Manage allows leaseholders to take over the management of their building from the landlord without needing the landlord’s consent, although the process requires significant work.
Why Choose Us?
Smalleys Solicitors provides exceptional Lease Extension & Leasehold Enfranchisement and Residential Conveyancing services to clients. People choose and recommend us not just in Nottingham, Arnold, Hucknall, Derby and Mansfield, but across Nottinghamshire, Derbyshire, Leicestershire & the East Midlands, and the whole of the UK, because we get results.
To receive expert advice and representation regarding Lease Extension & Leasehold Enfranchisement and Residential Conveyancing, please contact us using the form below, call us on (0115) 955 6555, email via the Request a Callback form on this contact page.