"Freehold Purchase"

Freehold Purchase
As the owner of a flat in Pimlico you are worried about the value of the freehold on your property. Ideally you`d like to buy the freehold outright but you aren`t sure where to begin the process. This is the ideal time to make contact with a professional property practice that can steer you through each step of the Freehold Purchase . Complicated as it might seem at first, the process of a Freehold Purchase can be made simple when experienced help is by your side. It`s possible for you and other flat owners in the building where you live to buy the freehold outright. To qualify criteria has to be adhered to in order to be able to set the wheels in motion. For starters the building must be self-contained and a good proportion of the flats need to have been bought outright; namely two thirds of the properties. Speak to your fellow residents and if at least 50% of them are in favour of a collective enfranchisement the Freehold Purchase can begin. Once you have bought the freehold on the property you can manage the day-to-day maintenance and running of the building as a collective. What`s more, if you decide to sell your flat in the future you might just find it commands a higher price if you already own the freehold.