Today we completed yet another successful freehold acquisition!
David Whitney and his team acted throughout in putting together with, a steering group of residents, a claim for enfranchisement of a development of two blocks of flats, various freehold houses and associated grounds comprising over 70 units. PainSmith worked with the steering group to ensure more than the minimum number of leaseholders were interested. After this they prepared the necessary participation agreements and served the required notices.
PainSmith worked with the resident’s valuer to deal with various issues over the premium necessary and settled all the necessary legal documentation. The acquisition opens the way for those taking part to grant themselves valuable lease extensions and help in ensuring the ongoing good management of their estate.
If you are thinking about possible acquisition of your freehold or lease extensions please contact David Whitney for a without obligation discussion of your options.
PainSmith Solicitors are proud members of the Association of Leasehold Enfranchisement Practitioners