Leasehold Advisor-Leasehold Guidance Tool

Example

Advising on the statutory process for lease extensions, including timeline, valuation, and legal requirements.

Scenario

A leaseholder with 80 years remaining on their lease seeks to understand the implications for property value and the process for extending the lease to avoid marriage value.

Example

Providing step-by-step guidance on collective enfranchisement for leaseholders interested in jointly purchasing their building's freehold.

Scenario

Residents of a building wish to gain greater control over management and costs by acquiring the freehold. Leasehold Advisor outlines the eligibility criteria, financial considerations, and legal steps involved.

Example

Offering strategies for challenging unreasonable service charges and understanding leaseholders' rights.

Scenario

A leaseholder disputes a significant increase in their service charges, believing the costs to be unjustified. Leasehold Advisor explains how to formally challenge these charges and the evidence required.

Example

Educating leaseholders on their legal rights and obligations, including right to manage, right of first refusal, and participation in management decisions.

Scenario

Leaseholders in a block are unhappy with the current management and wish to take over the management responsibilities. Leasehold Advisor informs them about the Right to Manage process, eligibility, and procedural requirements.