***Read article by Samantha Bone on the significance of leasehold enfranchisement for the European property investment market in the April 2010 edition of The Institutional Real Estate Letter Europe***

Very few law firms can claim specialist expertise in enfranchisement and Wallace is one of the handful of firms who dominate this area.

Under the new rules for leasehold enfranchisement and collective enfranchisement, tenants of a block of flats can compel their landlord to sell the freehold interest to them. In addition, each individual tenant has the right to acquire a 90 year lease extension. The legislation sets out a formal procedure which must be followed in each case.

Wallace works closely with surveyors to advise both landlords and tenants (commercial and residential) on their respective rights under the legislation. We advise companies, individuals and groups of individuals.

Our team has been involved in some of the leading decisions, including advising on the biggest enfranchisement claim to date. We are widely recognised for our expertise in this specialist area and handle hundreds of leasehold enfranchisement cases each year.

Click here for examples of our experience.

Or keep up to date on some important recent cases.