Collective Enfranchisement

Helping clients to agree the premium for a Collective Enfranchisement

Our team has significant knowledge of the process and the market, helping our clients to achieve the right outcome, whether acting for the freeholder or the leaseholder.

We can provide advice on valuation issues through the entire process from the time a claim is being contemplated, providing initial advice, entering into negotiations, making recommendations, preparing Expert Reports, and attending Hearings.

Our expertise and knowledge allow us to advise on the following issues that can arise in a claim:

• What capitalisation rate to use to compensate the freeholder for the loss of rent
• What Deferment Rate to use to compensate the freeholder for the loss of their reversion
• The vacant possession value of the flats on long leases
• The vacant possession value of the flats on the existing lease, without Act rights
• The Marriage Value
• The Hope Value where some leaseholders are not participating
• The value of parts of the property that are not demised to the leaseholders
• The loss of development potential on space not demised to the leaseholders
• The value of commercial accommodation that may form part of the building
• The breakdown of the premium where it must be shared by the freeholder and intermediate parties
• Handling claims where there are onerous rents