Case Study - Lease Extension - Landlords
LEASE EXTENSION - COLLECTIVE ENFRANCHISEMENT (LANDLORDS)
Kirkby and Diamond provide freeholders with valuation advice and negotiate premiums payable for lease extensions or for the freehold disposal of their properties. We work closely with many experienced solicitors and are experienced in acting as Expert Witnesses in Leasehold Valuation Tribunals.
Kirkby and Diamond can lead landlords through the complicated process of the statutory Lease Extension and Enfranchisement. The reasonable valuation and legal fees are payable by the leaseholder so the landlord has no cost implications throughout the process. Valuation advice from Kirkby & Diamond therefore will maximise the sums achievable for a landlord at no cost.
Outside the statutory process, most freeholders wish to maintain an income producing investment. We are therefore able to negotiate private agreements that meet the objectives of both the freeholder and lessee.
The lessee gets a lease extension, which will enable the property to be sold. The freeholder maintains an income, whilst achieving a premium.
Kirkby and Diamond can ensure that all work carried out is based on experienced knowledge and detailed research of specific areas. Kirkby and Diamond are retained by a number of freehold clients in the South East of England.
Surveyors at Kirkby and Diamond experienced within the leasehold enfranchisement field are all members of the Royal Institution of Chartered Surveyors (RICS) and Kirkby and Diamond is a member of the Association of Leasehold Enfranchisement Practitioners which confirms their expertise and professionalism in the field. As a result, the quality of service Landlords receive will be second to none.
Please see our case studies on this website for more detailed information of the lease extension / collective enfranchisement process.