Our fixed fee service for buying your freehold
If you are ready to buy the freehold of your building through collective enfranchisement, look no further. We offer a fixed fee service with a clear pricing structure based on the number of participating flats. No VAT.
Collective enfranchisement is the ultimate form of flat ownership. A share of freehold gives you control over the management of your service charge and maintenance of your building, along with the opportunity to grant yourselves 999 year lease extensions.
Your case will be handled by an experienced leasehold solicitor, who will guide you through the process step by step.
Our fixed fee legal costs to buy the freehold are simple, we charge based on the number of participating flats; for example:
2 flats would be £1900 (no VAT), being £950 (no VAT) per flat
3 flats will be £2550 (no VAT), being £850 (no VAT) per flat
4 flats will be £3000 (no VAT), being £750 (no VAT) per flat
5 flats will be £3900 (no VAT), being £650 (no VAT per flat
6 flats and above, our costs are still based on £650 (no VAT) per flat
In each case there will be expenses of a registration fee of £20, Land Registry copy title fees of £21 per flat and an ID check fee of £19.80 per name on each leasehold title. Typically for a 3 flat block the expenses we incur are around £140 and this is shared between the participating leaseholders.
We can also handle your 999 year lease extension once we have completed your freehold purchase. Our costs of this following freehold enfranchisement are £795 (no VAT) per flat, plus a registration fee of £45 (but note that some lenders require separate representation, incurring a cost that is outside of our control).
We handle the key steps of the collective enfranchisement process, guiding you every step of the way
prepare s.13 notice
we will prepare a participation agreement and draw up the s.13 claim notice
negotiate freehold transfer and contract terms, raise enquiries
oversee the negotiations over the freehold transfer and contract
complete and register
collect funds to complete from the group, carryout a priority search, complete and register the freehold purchase
N Lionello
I've received excellent support and advice from Ricky Coleman and his team for my recent lease extension. Every step was easy and carefully explained. Highly recommended. Thank you for your help.
A Depree
We live in Australia and worked with Ricky Coleman to update a lease on a Brighton property, and I would highly recommend his services whether your an ex-pat or local. I found Ricky super helpful, efficient, knows his stuff and kept us informed throughout the process. Thank you.
Y Sherwood
The whole process experienced was easy. Mr Coleman was courteous and friendly throughout. Matters were explained at each stage. Despite delays at the Land Registry, I was always kept up to date and reassured matters were in hand. I am very grateful.
