Freehold Enfranchisement Valuations

An independent assessment by a certified surveyor determining the fair market price to buy a freehold interest under leasehold rules.

An RICS Registered Valuer specializing in leasehold reform and statutory enfranchisement.

The capitalization of ground rent, the reversionary value (value of the property when the lease expires), and a share of the marriage value.

It is the extra value created by merging leasehold and freehold interests; ongoing legislative reforms address or eliminate it depending on exact lease lengths and enactment stages.

Shorter unexpired lease terms (especially under 80 years) dramatically increase the overall cost due to higher marriage value calculations.

Fees vary depending on complexity, location, and type of property. Fill in our enquiry form to obtain a free no obligation quote. Click Here

Yes. An accurate valuation is mandatory before serving a formal Section 13 notice so the initial offer price is realistic and valid.

The formal legal document served by qualifying leaseholders to officially trigger the statutory process of buying the freehold.

The freeholder must issue a Counter Notice (Section 21) within two months, stating their accepted terms or counter-proposals.

Typically between 3 to 6 months for straightforward negotiations, though disputes can extend this timeframe significantly.

The case can be referred to the First-tier Tribunal (Property Chamber) for an independent judicial decision.

Initially, the instructing leaseholders pay for their own valuation report, though statutory rules govern additional landlord cost recoveries.

Traditionally yes (reasonable costs incurred by the landlord in investigating the claim), subject to ongoing legislative changes.

At least 50% of the qualifying flats in the building must participate to exercise collective enfranchisement rights.

Yes, leasehold houses have separate statutory enfranchisement provisions under the same core leasehold reform frameworks.

Statutory enfranchisement formulas and RICS Red Book standards require complex asset calculations that standard market appraisals cannot legally or technically fulfil.