Leasehold enfranchisement

Residential leasehold enfranchisement is ever-contentious. Leaseholders are increasingly aware of their rights and are exercising them, and they need expert advice on the law and on valuation. Much of the guidance available deals only with legal issues, often neglecting the all-important perspective of the valuer surveyor. 

This section highlights the key responsibilities for each party, and timetables that you must comply with. It gives expert advice on tackling common valuation and legal issues, and has clear sample valuation calculations to illustrate relevant issues.

There is a large demand for advice on valuation and on how to make claims or how to resist them, when instructed by a landlord. This section provides an explanation of the principles and procedures that apply to residential long leases, looking respectively at the legal and the valuation issues.

Introduction to enfranchisement, Flats: individual right of tenant to acquire new lease, Flats: collective enfranchisement, Houses: right of tenant to acquire freehold and Houses: right of tenant to acquire extended lease are maintained by Ellodie Gibbons of Landmark Chambers.

Flats: new lease claims: valuation issues, Flats: collective enfranchisement valuation issues and Houses: extended leases and enfranchisement valuation issues are maintained by Vanessa Griffiths of Knight Frank.

RICS standards: Leasehold reform in England and Wales (archived)

RICS standards: Valuation of residential leasehold properties for secured lending purposes

isurv section: Residential valuation