Leasehold Enfranchisement
The condition that the tenant had to live in the property for two years has gone. Now, if you are a buy -to let leaseholder, you can extend the lease or acquire the freehold.
You have to avoid being classed as running a business, however, and to establish the property is a “house” which is sometimes a harder definition than you might think.
Consult the expert.
Rodney Hylton-Potts
020-7381 8111
E-mail: law@rhplaw.co.uk
