Renewing/Extending Leases and disposing of or acquiring freeholds
This complex area creates much confusion and scope for error. Over the years a duty of laws have been introduced to give householders rights either to extend their long leases or manage the running and upkeep of their buildings or in some cases to acquire a freehold interest, usually jointly with others in the same building.
At Brachers we can advise on all aspects both from a tenants and landlord’s perspective and help run the process from start of finish to achieve a positive result.
We can help landlords make the most of their investments within the limits of the legislation whether by selling extended lease terms or selling the freehold subject to these leases.
Acting for leaseholders we are always aware of the difficulties in coordinating groups of busy occupiers and the remote investor leaseholders and can offer pragmatic advice at a cost effective level, usually being prepared to come out to you if that is the best way forward.