Bona Vacantia freehold
Bona Vacantia freeholds usually come about due to a freehold company becoming dissolved. The leaseholders are then left in a difficult situation of their freehold being owned by the Crown, which typically won't manage or insure the building.
We offer specialist legal advice for leaseholders looking to acquire their freehold from the Crown Estate. We are able to
Our fees
We will provide an estimate of costs based upon the number of flats and other factors.
preparation
liaise with Crown Estates solicitors and establish requirements to buy freehold back
progress purchase
comply with various requirements of crown estate, set up residents management company, approve freehold transfer deed
completion
complete purchase and register at the Land Registry
Our fee
We will take you from the stages of organising the leaseholder group, setting up the residents management company, liaising with the Crown Estate and right up to completion and registration for one fixed legal fee.
The group should also budget for costs of £11.95 in ID checks per person, and approximately £28 per flat in Land Registry copy title and lease fees.
We always set out the likely costs prior to proceeding with your case, with an itemised breakdown of the Land Registry and related fees.
Good to know
Once you have acquired the freehold, it is bests practice to grant yourselves 999 year lease extensions
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.
About
My name is Ricky Coleman
I am a solicitor and founder of Peppercorn Law, based in Brighton. I created a specialist law firm for leaseholders after ten years of advising on all manner of leasehold issues. Peppercorn Law is a modern law firm that puts specialist advice and transparency on fees at its core.
