Leasehold flats and maisonettes.
Most flats in England and Wales are leasehold: you own the right to live there for a fixed term, not the building or the land. That adds paperwork and third parties to every sale. We know how to work with both.
What makes leasehold sales slower
- The leasehold information pack. The buyer’s solicitor needs details of the service charge, ground rent, major works and building insurance from the freeholder or managing agent. That pack often has a fee and can take weeks.
- Lease length. Leases under about 80 years become harder to mortgage and more expensive to extend.
- Major works. A pending Section 20 consultation for roof, lift or façade works can put buyers off.
- Building safety. Cladding or fire-safety issues can make flats unmortgageable until they’re resolved.
All of these are covered in depth on our short lease & leasehold problems page.
Flats we buy
- Purpose-built blocks and converted houses
- Maisonettes, including those with their own entrance
- Ex-local-authority flats, with or without council freeholders
- Share-of-freehold flats
- Short leases, high service charges or ground rent, and slow freeholders
- Tenanted flats — sell with the tenant in place
Share of freehold
If you own a share of the building’s freehold with the other flat owners, you may be able to extend your own lease cheaply. That can be worth doing before a sale, and we’ll tell you if it is. We also buy share-of-freehold flats as they stand.
Thinking about selling your property?
Let’s have a straightforward conversation about your options. Free valuation, no obligation, and no pressure to accept. If a different route would suit you better, we’ll say so.
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