Leasehold Reform Advisory
Whether you wish to purchase a lease extension or the freehold of your property we can help. Symington Elvery specialise in Leasehold Reform work and provide a comprehensive service. We are both RICS Registered Valuers and Members of The Association of Leasehold Enfranchisement Practitioners (ALEP).
We offer an initial consultation during which we can advise as to whether you are entitled to a lease extension or to purchase the freehold and explain the process. We can introduce solicitors who are experienced in leasehold reform work and lenders who finance short leases if this is required. Having completed this we will act on your behalf in providing a report to advise as to the correct premium and the figures to be submitted in any trigger notice. We will then liaise with your solicitors who will serve the notice. Once the Landlord responds we can then negotiate on your behalf in order to achieve the best possible premium.
Our extensive experience in this area means that we are well placed to achieve the best possible result and our fees are on a competitive basis. We consistently act against all of the major London Central London landlords. In the unlikely event that we are unable to reach agreement with the Landlord, the matter may be referred to the First-tier Tribunal, Property Chamber. In these cases, in which we have extensive experience, we will liaise with solicitors, prepare our valuation case and present it at the hearing.
We are always very happy to meet individuals considering the process on an informal basis to explain matters further and give an indication of costs. Please get in touch for further information.