Our specialist Leasehold Reform Team has been involved in a number of high-profile cases in this area. Highlights include:
- Acting for a landlord who owned the freehold of a building with five flats – four held by long-lease tenants and one owned by our client. The flats’ owners collectively purchased the building’s freehold from our client and issued proceedings. With the assistance of our client’s valuer, an acceptable premium was agreed for the purchase, including retention of the garden’s freehold and a long lease of the client’s flat
- Acting for the landlord of a tenant seeking to extend their flat into loft space above. We served the requisite notices under the Landlord & Tenant legalisation and dealt with the preparation and grant of the new lease, including necessary changes to the service charge provisions
- Acting for two tenants in the same building seeking to extend leases of their flats. This involved:
- Collaboration with each tenants’ surveyors for guidance on the anticipated premium for the extended lease term
- Preparing and serving appropriate notices in accordance with Landlord & Tenant legislation and handling applicable statutory procedures
- Ensuring both tenants’ leases were prepared in the same format with identical terms