Leasehold Reform in London, the SW and the rest of the UK

Leasehold Reform

Leasehold Reform SERVICES

Our expertise covers all areas of Leasehold Reform for both landlords and tenants. This is principally under the provisions of The Leasehold Reform Housing and Urban Development Act 1993 as amended and the 1967 Leasehold Reform Act.

90 year lease extension.
Purchase of freeholds.
Valuations under the Act.

Advice to residents Association.
Appearing before the L.V.T.
Advice to qualifying tenants.

FREQUENTLY ASKED QUESTIONS ABOUT Leasehold Reform

THE LESSEE

Do I qualify for a lease extension?
How much will it cost?
Do I pay the landlord’s costs?
Can I buy the freehold?
Will my lease be worth more if I proceed?
Should I approach my fellow residents or go on my own?
Why do I need a surveyor?
What is the relevance of my lease being more or less than 80 years?

RESIDENT’S ASSOCIATION

Do we qualify to buy the freehold?
How many residents do we need to serve Notice on the landlord?
Do we need a Participation Agreement?
How much will it all cost and how do we raise money?
Which fee are we liable for?
What happens to our service charge?

THE L.V.T.

What are they and what do they do?
Is the decision final and binding?
How do we apply?

THE NEXT STEP

HNG have many years’ experience in answering all of these leasehold reform questions and many more. Contact us and we will provide initial free advice on the next step you should take and whether you qualify.

KEY ADVISORS

Richard Hargreaves BSc FRICS MCIArb
Head of Valuation
40 years experience in dealing with leasehold reform for large estates and residents associations.
Jim Parker Bsc MRICS
11 years experience dealing with residential valuation and leasehold reform.
Gail Moir BA MRICS
20 years experience in private and public sector and a wide breath of experience in valuation of residential property of all types.