
“Hague on Leasehold Enfranchisement is the leasehold bible”
Authors: Anthony Radevsky & Damian Greenish
Publisher: Sweet & Maxwell
ISBN: 9780414028753
Price: £195
As most conveyancing lawyers can attest today, the extension of leases and collective enfranchisement are no longer a now and again occurrence in sales or purchases. Instead, they are becoming a common feature in the day to day transaction. Indeed, the marketing literature of many an estate agent leads with the fact that the property is being sold with a share of freehold, or that the owner will obtain an extended lease. Buyers themselves are now also lease extension savvy and although they do not know the intricacies of the legislation and its requirements they do know that there are issues surrounding leases with a low term of years remaining. Similarly, owners of flats are now tuned in to the fact that they can take over the management of their building or acquire the freehold from their (most times unsatisfactory) landlord.
Shift in focus
This shift in focus for sale and purchase transactions, as well as existing owners, means that lawyers