Blakes were instructed to act on behalf of the freeholder of this attractive Victorian semi detached building in Prime Richmond in respect of a statutory claim for a lease extension made by one of the leaseholders within the building. A valuation was carried out and our surveyors agreed an amicable settlement with the lessees surveyors, avoiding the need for a referral to the First Tier Property Tribunal.
We act for both landlords and tenants advising on the various valuation aspects of leasehold enfranchisement. More specifically, landlord and tenant rights pursuant to The Landlord and Tenant Act 1987 (tenant’s pre-emption rights; landlord’s sale of the freehold to the tenant flat owners pursuant to service of formal notices); The Leasehold Reform, Housing and Urban Development Act 1993 as amended by the Commonhold and Leasehold Reform Act 2002 (individual lease extensions of flats, collective enfranchisement of the freehold of a building and right to manage claims) and all ancillary matters arising from this area of law.
