Buying A Freehold Property

The owners of flats, in a building, collectively (as a majority) have the right to purchase the freehold. This is known as collective enfranchisement. The ability to buy the freehold offers a number of advantages.

These include: –

the ability to exercise real control over the management of the building;
the freedom to choose how best the building is insured;
When & what repairs and maintenance take place are decided upon by those who own the flats in the building.
If you own a flat and are concerned about and/or interested in buying the freehold, then Eden Solicitors has the professional expertise to help you.