Leasehold Enfranchisement & London Estates
Savills provide specialist advice on the valuation and negotiation of residential lease extensions and freehold purchases.
How we can help you:
Owners of leasehold property have rights under a number of Acts of Parliament to:
• Extend the lease of a flat by the 90 year statutory term.
• Purchase freehold of houses.
• Collectively purchase the freeholds of blocks of flats .
We will advise you through every step of this complex process and act on your behalf in the lease extension or freehold negotiations utilising our many years of experience. We work closely with a number of solicitors and, if needs be, we can act as an Expert Witness in Leasehold Valuation Tribunals or Upper Tribunals.
Our Expertise:
Drawing on the experience of our agency network, we are able to obtain up-to-date market evidence from our agents and analysis from our dedicated Research team.
We operate in central London, across many of the great London Estates, and we also act for lessees and freeholders in the regions.
We can advise on rent reviews on residential properties around the country as well as in central London, where there are sometimes complex rent review clauses in leases.
London Estates:
We act for the Phillimore Kensington Estate providing a complete range of property and asset management services, together with valuation advice to other estates including the Portman Estate, The Wellcome Trust and the Royal Hospital Chelsea.
