Collective Enfranchisement

Providing clients with specialist valuation and negotiation advice to assist them to navigate the collective enfranchisement process

Collective enfranchisement allows leaseholders to join together to buy the freehold of their building, giving them control over its management and future. SRVO’s RICS-registered valuers provide expert guidance throughout the process for both landlords and tenants. With transparent pricing and nationwide coverage, SRVO helps leaseholders secure fair outcomes and long-term property value.

SRVO advise clients on enfranchisement matters from start to finish including, eligibility checks, lease clauses, rights of way, covenants, the value of the freehold interest, development hope value, the apportionment of individual lessee contributions and the negotiation of the premium payable.

Collective enfranchisement process:

Establish lessee and property eligibility
Appoint a valuer to establish the value of the freehold
Appoint a solicitor and serve notice
Landlord receives notice and appoints their own valuer
Landlords valuer provides valuation advice for counter notice
Counter notice served on leaseholders
Negotiations commence to agree the premium payable
Settlement reached
Solicitors finalise new leases and carry out necessary conveyancing