Buying the freehold / enfranchisement advice
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Hiring a specialist to advise on buying a freehold/ enfranchisement
More and more leaseholders are opting to purchase freeholds. The process usually takes months even with expert advice, so making sure you have the right professional on your side is essential. Plentific offers a service that allows you to generate a list of the best tradesmen in your local area offering the specialist skills you need. You will also be given quick access to customer ratings and reviews to let you gauge the professionalism of your options and the value of their services. Best of all, each and every job booked via Plentific is covered by the Plentific Guarantee.
What do you need to know about buying a freehold/ enfranchisement advice?
Buying a ‘freehold’ means purchasing the absolute tenure of a piece of land. Freehold enfranchisement is when leaseholders on a block of flats collectively purchase the freehold for their property, and is becoming increasingly common. Buying a freehold frees leaseholders from unfair freeholders and gives them more control of their leases, not to mention it can add a lot of value to the property.
It is important when hiring a specialist to advise you that they have adequate experience in the sector. Freehold purchasing law is a very specialised area, and so finding an ‘expert’ can be relatively simple. However, it is important to check the qualifications of your choices before making a hire. Are they experts on the Freehold Right to Buy? Have they dealt with cases similar to yours in the past, and do they have positive customer reviews from these cases? It can be an excellent idea to arrange all of this with any others living in the same building as you to share costs.