COLLECTIVE ENFRANCHISEMENT

What is Collective Enfranchisement?

Collective enfranchisement is a legal term in English property law used to describe a process whereby leaseholders of a block of flats / apartments can buy out their freeholder.

The costs of Collective Enfranchisement can be significant, but are frequently not much more than the individual costs of Lease Extensions for each property.

As there are very often savings to be made from acting in bulk, the total professional fees including the freeholders’ and your own, are likely to be lower per flat. In order to set a budget, RJC Leasehold provide free no-obligation quotations of our valuation/negotiation costs for our potential clients. Our fees are set on a fixed price basis, so our clients know from the outset what our charges are going to be to complete the Collective Enfranchisement.

Experience