If you are looking to extend you lease or buy your freehold but the
freeholder can not be found, the Leasehold Reform Housing and Urban
Development Act 1993 give leaseholders the right to still continue
the process of extending their lease or
buying the freehold.
In the first instance it is important to ascertain that the
freeholder is absent. This must be done through your solicitor and
it must be shown that they have made every effort to make contact
If the solicitor can not make contact they will make a vesting
order to the County Court.
Once the County Court have decided that the freeholder is absent you
will require an Expert Valuation Report for the First Tier Tribunal
as they will decide the cost of the lease extension or the cost of
Arnold & Baldwin specialise in providing these valuations either
for the lease extension or the purchase of the freehold.
If the freeholder is absent the cost to purchase the freehold could
be much less if the leases are less than 80 years and marriage value
is applicable. It may be possible to enfranchise under the Landlord
and Tenant Act 1987 and marriage value would not be applicable. The
Court would need to grant an Acquisition Order determining that the
freeholder was in breach of their repairing, managing, maintaining
or insuring obligations to proceed down this route.
First Tier Tribunal
The First Tier Tribunal (Property Chamber) is the last stage of a
lease extension or freehold enfranchisement when the cost of the terms
of the lease extension can not be agreed between the surveyors and
solicitors or if the freeholder is absent. The Tribunal will make a
judgement on the cost of the lease extension or freehold based on
the expert reports of the individual parties involved.
At Arnold & Baldwin we have experts that have experience of providing
an expert report and attending the First Tier Tribunal and have had
successful outcomes from the Tribunal's decisions.
Professional, efficient surveyors. Get the job done
in a timely manner, had our survey back within 5 days
of inspection. All team members I spoke with (Tiffany
and Billy) were really lovely. Highly recommend. :)
I have only just started working with Stephen and he
has already demonstrated the high levels of customer
attention and dedication that this company has. The
first impression he has caused is such that made me
write this review. I have no doubt that the continuous
service will be of same level. Looking forward to
working further with Stephen. Well done!
Lease extension - I found Daniel Grove very
professional and had an excellent understanding
of all aspects relating to this transaction.
Advice was invaluable, and it was nice to come
across someone who did exactly what they said
they were going to do.
Would not hesitate in recommending the firm
and Daniel to anyone who has a lease to extend.
Amazing job and fully professional treatment.
The surveyor went above and beyond to check for
everything, when he could have easily claim lack
of access. In addition he was more than happy to
answer questions over the phone and be there to
explain the steps.
Within 48 hours I received my detailed report
from Joe Arnold which enabled me to see the
property as it was and not through rose-tinted
glasses! The report highlighted areas where
money might need to be spent and provided
guidance on questions for my solicitor -
just what I needed. Overall, the survey
enabled me to re-assess my offer and in this
respect was invaluable. Thank you for a
friendly and professional service.
100% choose this company. As first time buyers
we had a mortgage valuation which said the house
was fine. The Arnold & Baldwin survey found over
£30,000 of problems. Holes in the roof with daylight
visible, damp, woodworm, broken sash windows and poor
electrics. This company helped us renegotiate and
save a fortune.
Arnold & Baldwin came recommended and I’ve got to say they were brilliant - not just in identifying issues with the property I was looking at but in the way they kept me informed and up to date (ie picking up the phone instead of just posting / emailing communications with you). After dealing with estate agents for so long, it’s nice to have someone who is genuinely on your side.
From my initial interaction with the firm I found them to be prompt, courteous and helpful. I received a detailed Homebuyers report within a week of instructing and was given the opportunity to talk it through with the attending surveyour. Overall excellent service all round, would certainly recommend this firm.