We are widely acknowledged as one of the pre-eminent firms in the specialist and complex area of Leasehold Enfranchisement.
We are consistently recognised by industry commentators for our “high level of expertise, depth of applied knowledge, excellence in client communications, and innovation in enfranchisement”.
What is Leasehold Enfranchisement?
Leasehold enfranchisement adds value to flats and other leasehold properties. It is the term given to the procedure by which tenants, who have long leases on their flats (over 21 years), can buy a longer lease or join together with their neighbours in a block of flats to purchase the freehold of that block.
Leaseholders have the right to acquire the freehold of their properties enabling them to own and have control of the building themselves. Tenants also have the right to extend their leases for a further 90 years from the date of expiry of their existing leases, so adding to the value of their flats.
Following early identification of opportunities that exist under the legislation, we became one of the first law firms to form a real estate department centred primarily on leasehold enfranchisement.
The firm’s substantial commercial property and property litigation departments overlap to form an all-encompassing leasehold enfranchisement team which handles hundreds of leasehold enfranchisement cases each year.
Our team has been involved in many of the leading decisions, including conducting landmark litigation in the Supreme Court.
- Acting on behalf of Lexgorge in respect of the landlord’s appeal to the Supreme Court. It was the first case of its kind to go to the Supreme Court.
- Acted for US private equity group Westbrook in connection with its claim to acquire the freehold of Dolphin Square, a central London block of 1,229 apartments, this is the largest enfranchisement claim to date.
- Successfully appealed to the Upper Tribunal (Lands Chamber) determining that an intermediate landlord can recover its costs from a tenant making a new lease claim.
- Acting on behalf of one of London’s largest landlords on some 500 cases where the team were required to serve counter-notices on tenants.
- Acted for 102 lessees, in London E1, seeking to acquire the freehold of their building which included multiple title structures of both commercial and residential areas.