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Residential Landlord & Tenant Disputes

Application for extension of long lease with missing freeholder

We acted for lessees of a property where the lease was at a low term, making sale of the property at full market value difficult.

The freeholder of the property had been missing since our clients purchased and it had not been possible to contact him or pay ground rent. A court application was made and the clients ordered to make an application to a Property Tribunal, which decided the premium to be paid for a lease extension after consideration of expert evidence obtained by this firm from a specialist surveyor. Once the premium is paid into court, a judge will sign off the new lease in place of the missing freeholder.

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With effect from Monday 8th March 2021

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