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Selling Freehold or Leasehold Properties
There are various legal factors that have to be considered when deciding upon selling a property freehold or leasehold. It is therefore advisable to make sure you have an experienced law firm on your side to ensure you are covered in every area. At Blackstone Solicitors, we are able to advise many different types of client, no matter the complexity of the circumstances surrounding selling a property freehold or on a leasehold basis.
For more information about how our team of commercial property solicitors can advise you upon the legal implications of selling a development and its units on a freehold or leasehold basis, contact us on 0345 901 0445 or complete our online enquiry form and a member of the team will call you back at a convenient time.
How we can help
It is possible to increase revenue in a development by selling ground rent investments when all the flats in the scheme are sold.
In addition to drafting all necessary legal documents, we will also be able to advise you on maximising the value of the property as a whole by creating value in the freehold interest in the long term. This can be done by using escalating ground rent provisions and shorter leases.
We are here to help with your development and its sub-division regardless of the size of the scheme or its complexity and we will work with you to make sure everything goes to plan.
Friendly yet direct, our team is passionate about every case we take on, and we believe the entire process requires constant communication. We will, therefore, guide you through the technicalities involved, offering expert advice from start to finish.
Why legal help is important
Typically, the value of the freehold reversion will be calculated as a multiple of the ground rent of each apartment and their total number. As such, this will increase according to the number of flats in the building following the grant of the leases. This freehold interest can be sold separately in the future as there is a strong market for such investments.
Blackstone are experts in the drafting of all necessary documentation and can guide you with the process of the sale of the freehold or advise you if you decide to sell the freehold of the property with the property itself. This will only apply to houses as opposed to flats.
Our Services
Our team prides itself on being able to meet every need of each of our clients. We are willing to go the extra mile when other firms are not, ensuring our clients are given the very best opportunity of getting the outcome they are after. Get in touch to see how our specialist team can help you today.
Contact us
Speaking to one of our solicitors is easy, simply call us on 0345 901 0445 or allow us to get in touch with you by filling in our online enquiry form. Our services are available to people throughout the UK, including Manchester, London, Cheshire and Chester, as well as to people living abroad.
