Collective Enfranchisement & Lease Extensions offer considerable advantages to lessees, and the 2002 legislation makes each more widely available, especially so Collective Enfranchisement.

Generally, we advise lessees to opt for Collective Enfranchisement (to obtain Share of Freehold) wherever possible, otherwise Lease Extension. The overall cost (per flat) is approximately the same.

The process is not easy, requiring specialised legal and property expertise and the need for a high degree of coordination throughout the project.

ELS is highly unusual in that it conducts the entire enfranchisement process, covering all aspects of the work involved, including the legal and surveying work, and does so at a fixed, competitive fee established at the outset of each project.

At the start of the project, ELS provides lessees with preliminary advice and establishes whether the property will qualify for a Lease Extension, and may give an initial approximate guide to cost.

A fixed fee is agreed upon based on a detailed fee quote. This fee encompasses all of the work involved (aside from LVT), including the valuation, negotiation and the legal work. ELS offers value for money.

Once appointed, ELS liaises closely with the lessees to steer the process through the many stages from start to finish. ELS works exclusively for lessees and seeks to obtain optimum results for lessees in every case.