As a freeholder, you are not responsible for the fair and reasonable valuation and legal fees - please contact us to arrange a valuation.
The Leasehold Reform Housing and Urban Development Act
1993 entitles qualifying leaseholders to a 90 year extension
to their current lease at a peppercorn ground rent.
Note: Failure to do so would result in the leaseholder
being granted a statutory lease extension at the price
quoted in the notice.
The freeholder must respond with a counter offer by
the date stated within the Section 42 notice.
The leaseholder is responsible for the freeholder’s
fair and reasonable valuation and legal costs.
Buying your new home can quickly become your worst nightmare. A home survey will help you realise your dream and help you buy with confidence.
Find out more about the importance of a home survey here
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