FAQs

Your questions answered

  • All
  • Collective Enfranchisement
  • FAQs
  • General
  • Ground Rent
  • Leases
  • Section 166 demand for ground rent
  • Section 20 Notice of major works
  • Section 3 Notice
  • Section 5 Right of First Refusal
  • Selling freehold ground rents
  • Valuing freehold ground rents
All
  • All
  • Collective Enfranchisement
  • FAQs
  • General
  • Ground Rent
  • Leases
  • Section 166 demand for ground rent
  • Section 20 Notice of major works
  • Section 3 Notice
  • Section 5 Right of First Refusal
  • Selling freehold ground rents
  • Valuing freehold ground rents
FAQsSelling freehold ground rents

Do I have to offer my tenants the Right of First Refusal when selling my freehold interest?

You will be legally obliged to do this if your freehold property meets certain criteria and if your tenants qualify for the Right of First Refusal. Read our Right of First Refusal Guide for more information.

FAQsSelling freehold ground rents

What types of freeholds do you buy?

We buy residential freehold properties of all sizes across England and Wales. This includes purpose built blocks of flats and converted buildings containing at least two flats or apartments. Discover how to sell your freehold here.

FAQsSelling freehold ground rents

Can a freeholder sell the freehold?

Yes, a freeholder can sell the freehold at any time but they must always offer the Right of First Refusal to qualifying tenants. If the tenants do not wish to purchase the freehold, the freeholder then has the option of a private sale. Or you can notify the tenants of a sale by auction which requires a different form of notice.

FAQsSelling freehold ground rents

Can a freeholder refuse to sell the freehold?

A freeholder can refuse to sell the freehold if the leaseholders are not eligible to purchase it. Leaseholders are eligible if they have a long lease of more than 21 years and do not own more than two flats in the building.

FAQsSelling freehold ground rents

In what locations will you buy freehold ground rents?

We buy residential freehold ground rents across England and Wales. Learn more about selling your freehold here.

FAQsSelling freehold ground rents

How quickly will I receive the sale proceeds?

This depends on the selling avenue that you choose to sell your freehold interest. It’s advisable to confirm this time frame with the buyer/ selling avenue. If you sell to Freehold Sale, we will transfer the sale proceeds to your solicitor and they will be released to you on completion.