Whether you own a flat or a house, you may be entitled to force your landlord to sell the freehold title to you. Owning the Freehold means you extend your lease without the payment of a premium and in addition make your own decisions concerning the management and the maintenance of the block.
Can leaseholders force freeholder to sell freehold?
It doesn’t mean that the leaseholders can force the freeholder to sell the freehold [that right of enfranchisement is provided by in the Leasehold Reform, Housing and Urban Development Act 1993]. Instead, the leaseholders are given the opportunity to buy it if the freeholder has the intention of selling it anyway.
Can a freeholder change the ground rent?
You need to check the lease as the ground rent provision will be stated there. The landlord cannot insist that you pay more than the rent set out in the lease or change the provisions in relation to ground rent. The ground rent can be fixed in the lease or increase at fixed times and amounts.
Do you need planning permission to sell freehold land?
A contract for sale of freehold land with vacant possession conditional on the buyer obtaining planning permission. The contract incorporates the Standard Commercial Property Conditions (Third Edition – 2018 Revision). To access this resource and thousands more, register for a free, no-obligation trial of Practical Law. © 2020 Thomson Reuters.
Is there contract for sale of freehold land with vacant possession?
A contract for sale of freehold land with vacant possession conditional on the buyer obtaining planning permission. The contract incorporates the Standard Commercial Property Conditions (Third Edition – 2018 Revision).
Can a freeholder build another storey on an existing building?
As a matter of general law there is nothing to stop a freeholder from adding an additional storey to an existing building, since the freehold includes the airspace above the building.
When do new houses have to be sold as freehold?
All new-build houses will be sold as freehold in a bold move to tackle unfair leasehold practices and prevent future home-owners from being trapped in exploitative arrangements, the Communities Secretary said today (27 June 2019).
