Enfranchisement

Disputes & Debts

Enfranchisement stages

Enfranchisement Stage 1

A straightforward Enfranchisement of up to 4 flats in the building (possibly 8 flats), we anticipate that our total involvement will be in the region of 326 chargeable hours provided that the price and the terms of the transfer and the “statutory” costs payable to the freeholder are agreed without any need to serve a formal notice on the freeholder or apply to the Leasehold Valuation Tribunal. There will be additional fees if we are instructed to assist with the incorporation of the Management Company and also a Participation Agreement. These costs will be quoted on an individual basis.

Enfranchisement Stage 2 and Stage 3

A straightforward Enfranchisement of up to 4 flats (possibly 8 flats) in the building, we anticipate that our total involvement will be in the region of 12 to 14 chargeable hours provided the price and the terms of the transfer and the “statutory” costs payable to the freeholder is agreed without any application to the Leasehold Valuation Tribunal.

Enfranchisement Stage 4 and Stage 5

Making an application to the Leasehold Valuation Tribunal for a hearing takes approximately 4-6 chargeable hours. Preparing for and attending a one day hearing at the Leasehold Valuation Tribunal will take approximately 30 chargeable hours.

Lease Extensions

Lease Extensions Stage 1

For straightforward lease extensions, we anticipate that our total involvement will be in the region of 8-12 chargeable hours provided that the price, the terms of the new lease and the “statutory” costs payable to the freeholder are agreed without any application to the Leasehold Valuation Tribunal.

Lease Extensions Stage 2

If negotiations seem sensible then any correspondence with the freeholder would be charged by our hourly rates of between £175.00 to £195.00 plus VAT and disbursements.

Lease Extensions Stage 3 and Stage 4

Making an application to the Leasehold Valuation Tribunal for a hearing takes approximately 4-6 chargeable hours. Preparing for and attending a one day hearing at a Leasehold Valuation Tribunal will take approximately 30 chargeable hours.

Business Disputes and Debts

Services for You

Services for Business

Plans for Compulsory Mediation Scrapped by the Government
Latest News

Plans for Compulsory Mediation Scrapped by the Government

27/02/2024

Read Lauren Townson's blog post for more information.

Latest News

Cohabitation agreements – Is marriage on the decline?

14/02/2024

Is marriage on the decline? Solicitor Lauren Townson talks everything you need to know about cohabitation agreements in her latest blog post.

Welcome back Joanne Fong banner image
Latest News

A warm welcome back to Joanne Fong

17/01/2024

Joanne Fong is back and she's working with our Wills, Trusts and Probate Team.

What is a Court of Protection deputyship order by Anne Kerr - banner
Latest News

What is a Court of Protection deputyship order?

02/01/2024

Read Anna Kerr's blog post for more information.

Get a Residential Conveyance Quote

Need a quote for a residential conveyancing transaction? Try our quick and easy residential conveyancing calculator;

Pay your bill online

Easily pay your bill with us online through our payment portal. Secure and quick card payments through our payment provider World Pay.

Stay in Touch

Stay in touch and up to date with our new focus newsletter

    Man using a laptop to access Marsden Rawsthorn's website

    Contact Us

    Please complete the contact form, and we will get back to you as soon as possible.

    Office Addresses

    3-4 Faraday Court
    Faraday Drive,
    Fulwood,
    Preston,
    PR2 9NB
    Opening Hours: Monday - Friday:
    9:00am to 5:00pm
    Office 21a,
    Strawberry Fields Digital Hub,
    Euxton Lane,
    Chorley,
    PR7 1PS
    Opening Hours: Monday - Friday:
    9:00am to 5:00pm