It is human nature to think “it will never happen to me”, but it is a sad fact of life that an increasing number of us may, at some point, have a loved one that may go into a residential care home or require care and support in their own home. This may be due to illness, old age or perhaps as the result of personal injury or an accident, and it often happens at the most inconvenient of times.
With a strong working experience of this niche legal area, Giles Wilson can help you and other leaseholders purchase the freehold of your residential building, in certain circumstances.
Collective Enfranchisement is the legal right of long leaseholders to act together to purchase the freehold of their building, provided that certain criteria are met. The collective group of leaseholders would then acquire the freehold of their building and would collectively become the Landlord under their respective leases.
The process requires an in-depth knowledge of the statutory provisions governing the rights of long leaseholders. It is essential that you seek professional advice as soon as possible before starting the claim, so that the process is followed correctly. This will often involve a surveyor to advise on matters of the premium and potential settlement options.
With experience acting for a range of commercial property leaseholders and freeholders, our dedicated Collective Enfranchisement solicitors can help you prepare your claim.
Featured Insights
The headlines around inheritance tax following the budget were noisy on how farmers will be affected, on pension pots and on the fact that there is no rise on the nil rate band in the near future. However, in the small print there is an important change: that is the amount of interest charged on unpaid tax liabilities.
Our Managing Partner Melinda Giles helps younger listeners understand the law around someone passing away in her appearance on the Kids Law podcast.
Awards & Recognitions
The expertise of our solicitors is regularly recognised by some of the profession’s most distinguished organisations. As well as being a member of a number of Law Society schemes, we have won awards at the Law Society Excellence Awards, the Halsbury Legal Awards and the Modern Law Awards.
We have also received recognition in the form of the Lexcel mark of quality, a Legal 500 listing and a place on the shortlist of The Lawyer’s Boutique Firm of the Year.
Our accolades
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