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published 7th December 2019

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One of the drawbacks of owning a long leasehold flat, or maisonette, is that it is a diminishing asset. The fewer the number of years that remain on the lease, the less valuable it becomes. Because of this, the law gives the leaseholder (Tenant) a right to extend their lease once they have owned it for two years.

This is a complex area of Law and as Chartered Surveyors we have experience in these matters and can help guide you through the process whether you are a Landlord or Tenant (Lessor or Lessee). 

Under certain circumstances a tenants of flats may collectively have the right to purchase the Freehold of the property - again we can assist both Landlord and Tenants in these circumstances.

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Symudwch gyda Hyder-
- yn y wybodaeth eich bod wedi'ch diogelu fel gwerthwr, prynwr, Landlord neu Denant.   
Rydym yn aelodau o gyrff eiddo proffesiynol:

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