Freehold purchase (enfranchisement) in Knowle

You should start this process if you want more security for your home.

• Your lease has less than 90 years remaining
• You want to stop paying ground rent
• The building management is poor or expensive
• You want to increase your property value
• You want to extend your lease significantly
• The law says you have the right

A surveyor will visit your home to work out a fair price.

• They check the building inside and out
• They measure rooms and any shared spaces
• They look for any property extensions
• They check the roof and loft areas
• Your solicitor handles the legal paperwork remotely
• No court visits are usually required

Owning the freehold makes managing your home much simpler.

• You no longer pay yearly ground rent
• You decide who maintains the building
• Selling your home becomes much easier
• You can grant yourself a longer lease
• Building insurance costs are in your control
• It provides long term peace of mind

The process involves legal steps to transfer ownership from the landlord.

• Solicitors check if you are eligible first
• A formal notice is sent to the landlord
• The landlord has two months to reply
• Professionals negotiate the final purchase price
• Legal title is updated at the Land Registry
• Ownership usually moves to a shared company