Our fees
Considering selling the freehold of a block of flats? This decision requires careful navigation and expert legal guidance to ensure a smooth, compliant, and ultimately successful transaction. Don't leave yourself vulnerable to potential pitfalls.
We understand the intricacies involved in freehold sales of blocks of flats, from the considerations around service charge accounts to the complexities of tenant rights and statutory obligations. We'll guide you through every step, ensuring you're fully aware of your responsibilities under the right of first refusal that may apply to your leaseholders under section 5 of the Landlord and Tenant Act 1987.
Navigating the section 5 notice process correctly is crucial to avoid delays and potential legal challenges. We'll meticulously prepare and serve the necessary notices, retaining evidence of service that will be required by the purchaser. Furthermore, we'll assist with drafting the sale contract, freehold transfer deed, and managing the conveyancing process efficiently.
We will handle the process from start to finish, taking the stress out of the transaction.
initial review
review and advise on the application of the tenants right of first refusal
formal notices
serve section 5 notices and advise you on formal response of leaseholders
completion
completion of sale to leaseholders or third party
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.
