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Frequently Asked Questions
- I own a leasehold house. How much will the freehold cost?
- I want to extend my lease. Are there any additional costs payable other than the price of the lease extension?
- How can I buy the freehold of my building?
- How long can I extend my lease for?
- Why do I have to extend my lease?
- I own a leasehold house. How do I buy the freehold?
- What will it cost to apply to the Leasehold Valuation Tribunal (LVT)?
- What happens if we cannot agree on how much the lease extension should cost?
Frequently Asked Questions
What can I do if I cannot reach agreement with the freeholder on the premium payable to buy the freehold of my house?
If you are using the Leasehold Reform Act 1967 you can apply to the Leasehold Valuation Tribunal (LVT) to determine the price. However, if you are privately negotiating you cannot apply to the LVT and so it is a matter for negotiation.
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